00:00It's Benzinga bringing Wall Street to Main Street.
00:02Huawei is set to test its most powerful AI processor aiming to compete with NVIDIA's
00:07high-end chips, according to the Wall Street Journal. Huawei has approached Chinese tech
00:10firms to assess the new chip's performance, with the first samples expected by late May.
00:15Chinese tech giant is positioned to benefit as U.S. restrictions tighten on NVIDIA's chip
00:20sales to China. Huawei has predicted to simp over 800,000 of the new chips this year,
00:24with demand growing among state-owned enterprises and private AI developers like ByteDance.
00:30For all things money, visit Benzinga.com slash GSTV.
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