Nvidia CEO Jensen Huang announced a $500 billion investment in U.S. AI infrastructure, marking the company's first domestic chip manufacturing. The move aims to strengthen supply chains and meet growing AI demand.

Chinese tech giant Huawei is reportedly ready to test a new artificial-intelligence chip to compete with Nvidia — but the U.S. chipmaker shouldn’t be too concerned, according to one analyst.

In response to US restrictions on chip exports, Chinese companies have been trying to develop their own hardware to power generative AI, but so far, have trailed behind. Now the Wall Street Journal reports that Huawei is not only preparing to ship more of its existing Ascend 910B and 910C chips,