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Schwab Network

Huawei Takes On NVDA in A.I. Race, Musk Seeks $20B xAI Funding

7 min28 april 2025

Jenny Horne discusses the biggest A.I. movers to start the trading week. On Nvidia (NVDA), she points out continuing challenges it faces from Huawei as the Chinese company seeks to build chips more powerful than Nvidia's H100. She later turns to Tesla (TSLA) CEO Elon Musk, who is raising money for another one of his businesses: xAI.


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