Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said. Some shipments have already been made,

Nvidia and other chip stocks fell Monday as China's Huawei is reportedly boosting production of its leading AI chips following Trump's new export rules announced last week.

The release later this year is the latest maneuver between China and the U.S. as they try to control the flow of powerful AI chips.