Nvidia shareholders shouldn't worry about China news, says analyst

This week began with a major announcement from one of China’s most prominent tech leaders. Huawei revealed plans that could severely compromise Nvidia's  (NVDA)  position as the market’s dominant chipmaker.

Since the launch of ChatGPT kicked off the current AI revolution in November 2022, Nvidia has enjoyed the position as the field’s undisputed leader. Its highly priced graphics processing units (GPUs) have helped power many tech companies’ AI innovations, becoming a bedrock of the industry.