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Why Nvidia investors shouldn’t worry about Huawei’s new AI chip - MarketWatch

1. Huawei plans to test its Ascend 910D AI chip next month. 2. Nvidia's H100 chips can't be sold to Chinese companies due to restrictions. 3. Analyst suggests Huawei's chip won't outperform Nvidia's offerings. 4. Huawei faces disadvantages in global markets for AI chip sales. 5. Nvidia's position remains strong despite competitive threats from Huawei.

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FAQ

Why Neutral?

The news initially caused Nvidia's stock to drop, but long-term fundamentals remain intact.

How important is it?

While Huawei's developments may cause concern, the overall impact on Nvidia's market presence is limited.

Why Short Term?

Immediate reactions from markets show temporary stock adjustment, but long-term outlook remains positive.

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