U.S. chip giant NVIDIA said in a regulatory filing on Wednesday local time that competition from China's Huawei stock market is intensifying. In its annual filing on Wednesday, Nvidia listed Huawei as one of its current competitors, marking the second year in a row that the company has included Huawei on its list of competitors. Prior to this, Huawei had not appeared on Nvidia's list of competitors for three years.
Nvidia lists Huawei as one of its competitors in four of five product categories: chips, cloud services, computing processing and network products.
NVIDIA CEO Jensen Huang said in an interview: "The Chinese market is highly competitive. Huawei and other companies... are very dynamic and very competitive."