Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
US-sanctioned Huawei Technologies has emerged as a key supplier of artificial intelligence (AI) chips in China after Washington implemented export curbs on Nvidia's advanced processors, according to industry insiders. Use of the Chinese company's self-developed 910B Ascend chips have proliferated in various industries across the country through "AI boxes" - all-in-one machines that combine AI chips, industry-specific algorithms and pre-trained large AI models. Huawei's chips are becoming popular
We recently published a list of 7 lesser-known, under-the-radar AI stocks hedge funds are piling into. Since RXRX is part of the list, the stock deserves a deeper look. Recursion Pharmaceuticals is an NVIDIA Corp (NASDAQ:NVDA) partner that will use the semiconductor giant’s chips and technology for drug discovery. The NVIDIA Corp (NASDAQ:NVDA) “effect” is now […]