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Nvidia Drops in pre-market trading - Huawei to launch New AI Processor

The Wall Street Journal reported that Huawei Technologies plans to test its most powerful artificial-intelligence processor with the goal of rivaling some of Nvidia's more high-end offerings. The firm hopes its Ascend AI processors will outperform Nvidia's H100. Its first shipment of processor samples is scheduled for late May, according to the report.

In context, Nvidia's H100 chip was prohibited from sale in China by US regulators in 2022, before it even reached the market.


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