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Friday, November 15, 2024

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

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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.

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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.

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