Nvidia stock fell 2.1% to $108.84 Monday, while the S&P 500 rose 0.1%. The stock rose 4.3% in Friday’s session. Huawei has approached some Chinese tech companies about testing a

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 looking to test its Ascend 910D chip with fellow homegrown tech companies and is expected to get its first samples of the chips next month,

Huawei prepares to test its Ascend 910D AI chip as new US tariffs and restrictions reshape the global semiconductor trade.