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NVIDIA's market value surpasses $3T: Is there a new trend in AI stocks?
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Huawei Begins Testing New AI Chip as China Seeks $NVDA Nvidia Alternatives

👉 Key Highlights:

📍 Huawei tests Ascend 910C Al chip, aiming to replace Nvidia’s advanced GPUs in China.

📍 Huawei's new AI chip is being tested by large Chinese server and internet companies.

📍 The chip is an upgrade from the previous Ascend 910B, already in use across China.

📍 Ascend 910B chips have trained over half of China’s large language models.

📍 US sanctions limit Nvidia’s sales of high-end chips, creating a market gap for Huawei.

👉 Context/Background:

Amid US sanctions restricting Nvidia’s GPU exports to China, Huawei has ramped up its efforts to develop advanced AI chips for the domestic market. Huawei’s Ascend 910C, an AI processor currently being tested by large server and internet companies in China, seeks to fill the void left by Nvidia’s absence. This step marks another significant milestone in China’s push for self-sufficiency in the semiconductor industry, where US restrictions have spurred a race for homegrown alternatives.
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