Default image

BullDigest's April 27 Post-Market Summary of NVIDIA Corporation

  • a day ago
  • bulldigest.com
  • Keywords: Post-Market, Summary, NVIDIA Corporation

Check out BullDigest's April 27 Post-Market Summary of NVIDIA Corporation. We provide a summary of the key news from market opening hours.

Post-Market SummaryNVDAsentiment_dissatisfied

Estimated market influence

Huawei

Positivesentiment_satisfied
Analyst rating: N/A

Developing Ascend 910D AI chip aiming to outperform Nvidia's H100, planning mass shipments of Ascend 910C next month. Facing challenges but making efforts in AI chip development despite US restrictions.

Nvidia

Nvidia

Negativesentiment_dissatisfied
Analyst rating: Strong buy

Huawei aims to surpass their H100 chip performance; US export restrictions on Nvidia's chips affect competition with Chinese firms.

Context

Summary of Huawei's Ascend 910D AI Chip Development

  • Huawei is developing the Ascend 910D AI processor, aiming to surpass the performance of Nvidia's H100 chip.
  • First samples of the Ascend 910D are expected by late May.
  • Huawei has reached out to Chinese tech firms to test the new chip's capabilities.
  • Mass shipments of the advanced Ascend 910C chip to Chinese customers are planned to begin as early as next month.
  • This effort comes amid challenges for Huawei and other Chinese firms competing with Nvidia in AI chip development, particularly for training advanced models.
  • US export restrictions on advanced AI chips like the H100 and B200 have compounded these challenges.