23.6 C
Ottawa
Saturday, September 21, 2024

: Nvidia stock under pressure after report of AI chip delay for China

Date:

Shares of Nvidia Corp. fell Friday following a report that the tech giant will delay the launch of one of its new artificial intelligence chips destined for China.

Thank you for reading this post, don't forget to subscribe!

Nvidia will now roll out one of three big AI chips for that market early next year Reuters reported, citing sources. Earlier this month, a report surfaced that Nvidia planned the trio of AI chips for China after the U.S. government blocked it from selling high-end chips in that country.

The…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now

Already a subscriber?

Log In

know more

Popular

More like this
Related

B.C. Interior braces for Chilcotin River landslide flooding

British ColumbiaB.C. Interior braces for Chilcotin River landslide floodingOn...

IN PHOTOS | Friday’s Team Canada highlights at Paris Olympics

SportsOlympicsSummer SportsHighlights of Canadian athletes competing at the Paris...

Historic B.C. town reopens after wildfire evacuation

British ColumbiaOfficials ordered the evacuation of the area on...

Search for child in Thames River now a recovery operation in London, Ont.

London·VideoFirst responders in London, Ont., say their search for...