What’s Going On Nvidia Stock Tuesday?

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Nvidia Corp (NASDAQ: NVDA) lost to Huawei Technologies Co for a sizeable artificial intelligence chip order from Chinese tech giant Baidu Inc (NASDAQ: BIDU) thanks to the U.S. embargo on AI technology chips for China. The former powerhouse telecoms and smartphones company has, for the past four years, been building an AI chip line, Reuters reports. Also Read: Great News for Nvidia? Amazon, Google, Microsoft Spending Big On AI and Cloud When Huawei showcased its Ascend 910 in 2018, rivaling Nvidia’s A100, claiming the former as the most potent AI processor, reportedly manufactured on a 7-nanome…

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