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Nvidia Faces More Competition In China -- Here Is Why Investors Should Not Worry

Huawei is expected to release a new AI accelerator in China later this year.

By Jose Najarro – Aug 15, 2024 at 8:15AM EST

In today's video, I discuss recent updates affecting Nvidia (NVDA +1.67%) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Aug. 13, 2024. The video was published on Aug. 13, 2024.

Read Next

About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices, Marvell Technology, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool recommends Broadcom, Intel, and Marvell Technology and recommends the following options: long January 2025 $45 calls on Intel and short August 2024 $35 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$201.68
(+1.68%)+$3.33
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$278.17
(-0.03%)-$0.09
Intel Stock Quote
Intel
NASDAQ: INTC
$68.46
(-0.07%)-$0.05
Marvell Technology Stock Quote
Marvell Technology
NASDAQ: MRVL
$139.55
(+4.63%)+$6.18
Broadcom Stock Quote
Broadcom
NASDAQ: AVGO
$406.51
(+2.02%)+$8.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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