While Nvidia continues to wow Wall Street, fellow artificial intelligence leader Palantir takes aim at an early breakout.
Success has some downsides, including a much higher stock price.
Nvidia Corp (NASDAQ:NVDA) faces competition from Huawei Technologies Co’s latest AI chip, the Ascend 910B, which a Huawei executive claims matches or surpasses Nvidia’s A100 in some tests. The Ascend 910B delivers 80% of the A100’s efficiency when training large language models and can outperform it by 20% in other tests. These claims come amid strict US export restrictions that prevent Nvidia from shipping advanced GPUs to China, SCMP reports. Huawei introduced the Ascend series in 2019 and has