Semiconductor giant Nvidia ($NVDA) was higher today on reports that Chinese rival DeepSeek has delayed the release of its new AI model because of

Chinese AI model dev still plans to use homegrown silicon for inferencing Unhelpful Huawei AI chips are reportedly why Chinese model dev DeepSeek's next-gen LLMs are taking so long.… Following the industry rattling launch of DeepSeek R1 earlier this year,

Chinese authorities reportedly told DeepSeek to use Huawei’s chips in the wake of a decision by U.S. President Donald Trump to prohibit the export of Nvidia’s popular H20 GPU to China. The ban came into effect immediately following the April announcement.