Nvidia stock under pressure after report of AI chip delay for China

Shares of Nvidia Corp. fell in premarket trading on Friday, following a report that the tech giant will delay the launch of one of its new artificial intelligence chips destined for China.

Nvidia will now roll out one of three big AI chips for that market early next year Reuters reported, citing sources. Earlier this month, a report surfaced that Nvidia planned the trio of AI chips for China after the U.S. government blocked it from selling high-end chips in that country.

The…

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