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Chinese tech giants rush Huawei AI chips after DeepSeek V4 sparks new hardware race
Technology
Published on 29 April 2026
The new model is tuned for one chip
Chinese tech giants are scrambling to secure Huawei’s Ascend 950 AI chips after DeepSeek launched its V4 AI model, engineered to better exploit Huawei hardware. ByteDance, Tencent, and Alibaba are reportedly accelerating orders, suggesting a strategic shift toward homegrown compute and away from U.S.-linked semiconductor supply chains as AI competition intensifies.
- DeepSeek V4 is built to optimize Huawei Ascend 950 chips
- ByteDance, Tencent, and Alibaba are reportedly racing to source more units
- The move signals faster China-first AI compute planning
- Rising chip competition highlights pressure to reduce U.S. reliance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times