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Huawei forecasts AI chip revenue to jump at least 60% this year to nearly 12 billion
Technology
Published on 1 May 2026
Its AI chip surge is fueled by China demand
Huawei expects its AI chip revenue to rise at least 60% this year, driven by strong demand from Chinese companies. The company projects chip sales could reach around $12 billion, marking a sharp acceleration from earlier levels. The forecast, reported by the Financial Times, signals intensifying momentum in China’s AI hardware market.
- Huawei projects at least 60% AI chip revenue growth this year
- Chinese company demand is the main driver behind the surge
- Huawei expects AI chip revenue to approach $12 billion
- The update highlights rapid expansion in China’s AI hardware market
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times