Nvidia takes a $5.5 billion hit from new US Chinese restrictions as Huawei charges ahead with Ascend 920

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Nvidia takes a .5 billion hit from new US Chinese restrictions as Huawei charges ahead with Ascend 920

  • US bans Nvidia’s H20 just as Huawei reveals its next-gen Ascend 920 AI chip
  • Ascend 920 may fill China’s AI chip gap post restrictions
  • Nvidia faces $5.5 billion hit as Huawei seizes opportunity

On April 9, 2025, the United States announced plans…

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https://www.techradar.com/pro/pure-coincidence-surely-not-huawei-launches-its-fastest-ai-chip-ever-as-us-bans-export-of-popular-china-only-nvidia-h20

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