Sentiment: Positive
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Nvidia (NVDA) Stock Slides as DeepSeek Snubs Its Chips for Huawei
By Trader Edge at 2026-05-03 17:42
Sentiment: Positive
TLDR DeepSeek launched its V4 AI model using primarily Huawei’s Ascend chips, not Nvidia’s. Nvidia has not sold a single H200 chip to Chinese companies yet, despite US approval. Shipment delays stem from ongoing US-China disagreements over sale terms. China represents a $50 billion AI infrastructure market growing at 50% annually. NVDA fell 1.41%, though [...] The post Nvidia (NVDA) Stock Slides as DeepSeek Snubs Its Chips for Huawei appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central