Day: April 21, 2025
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Nvidia Stock Declines Amid Huawei’s Growing AI Chip Production
Shares of Nvidia (NASDAQ: NVDA), the world’s foremost supplier of AI-focused chips, fell recently as news emerged that China’s Huawei is rapidly expanding its production of artificial intelligence semiconductors. This strategic development comes amid tightening U.S. export bans, which have hampered the ability of Chinese firms to access cutting-edge U.S. chip technology. Investors reacted swiftly…