Nvidia Dominates AI Chip Market as Huawei Struggles
$NVIDIA (NVDA.US)$ continues to lead the AI chip market, while $Huawei Hongmong (LIST0795.SH)$ faces challenges competing with its Ascend series. Huawei’s software platform Cann struggles to match Nvidia’s CUDA, despite efforts to assist major clients like Baidu and Tencent in the transition.
Nvidia remains strong, with analysts optimistic about its future despite challenges with its new Blackwell chips. Nvidia stock surged 146% in the last 12 months, driven by the AI boom. Investors can access Nvidia through ETFs like $Vanguard Information Technology ETF (VGT.US)$ and $Ishares Russell 1000 Growth ETF (IWF.US)$ .
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