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Huawei forecasts AI chip revenue to jump at least 60% this year to nearly 12 billion

Huawei forecasts AI chip revenue to jump at least 60% this year to nearly 12 billion

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.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Chinese tech giants rush Huawei AI chips after DeepSeek V4 sparks new hardware race

Chinese tech giants rush Huawei AI chips after DeepSeek V4 sparks new hardware race

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.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026

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DeepSeek V4 adapted for Huawei chips signals China’s AI independence push

DeepSeek V4 adapted for Huawei chips signals China’s AI independence push

Chinese AI startup DeepSeek has launched its V4 model specifically adapted to run on Huawei chips, rolling out both Pro and lighter “Flash” variants. The move underscores Beijing’s push to build an independent AI stack, reducing reliance on foreign compute. By aligning advanced models with domestic hardware, DeepSeek is highlighting progress in China’s broader AI infrastructure.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Huawei Readies Ascend Supernode to Run Deepseek V4 After New Preview Release

Huawei Readies Ascend Supernode to Run Deepseek V4 After New Preview Release

Huawei says its Ascend supernode powered by Ascend 950 AI chips will fully support Deepseek’s V4 model variants after the Chinese AI startup released a preview. The announcement positions Huawei’s hardware stack as a near-term platform for Deepseek’s next generation, signaling escalating competition in China’s domestic AI compute ecosystem.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Huawei pledges more than 10 billion to supercharge computing power for smart driving

Huawei pledges more than 10 billion to supercharge computing power for smart driving

Huawei says it will ramp up smart-driving R&D with more than $10 billion over the next five years, aiming to boost computing power for training. The move underscores the company’s push to accelerate AI model development for autonomous driving systems, betting that stronger compute capabilities will translate into faster progress and improved performance on next-generation driving technologies.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Huawei to invest 2.6 billion in smart driving R and D to cement EV leadership

Huawei to invest 2.6 billion in smart driving R and D to cement EV leadership

Huawei plans to invest $2.6 billion in research and development for smart driving, alongside major spending on computing power. The company says the push is designed to strengthen its position in China’s electric vehicle market as demand accelerates. Huawei’s automotive unit is now its fastest-growing business, with multiple vehicle models showcasing its technology.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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