CloudMatrix 384 sent to data centres serving Chinese tech companies as they seek to fill gap created by US export controls

Chinese tech giant Huawei is reportedly ready to test a new artificial-intelligence chip to compete with Nvidia — but the U.S. chipmaker shouldn’t be too concerned, according to one analyst.

Huawei is gearing up to launch its newest and most powerful artificial-intelligence processor, taking aim at U.S. chip giant Nvidia. Stephen 'Sarge' Guilfoyle, contributor on TheStreet Pro, explains why he’s stepping away from Nvidia (NVDA) amid shifting industry dynamics.