Chinese tech giant Huawei has created an advanced AI chip, set to debut in October, The Wall Street Journal reported. Big companies including TikTok parent ByteDance, Chinese search-engine powerhouse Baidu, and telecom China Mobile are already in talks to buy the chip (dubbed “Ascend 910C”). Orders are expected to exceed 70K chips valued at a total of $2B. Chinese companies have struggled to get their hands on the most advanced chips as the US has ramped up sanctions.

https://www.wsj.com/tech/ai/huawei-readies-new-chip-to-challenge-nvidia-surmounting-u-s-sanctions-e108187a

#🇨🇳 ChinA.I. 🤖🧠🦾🤖

Exclusive | Huawei Readies New Chip to Challenge Nvidia, Surmounting U.S. Sanctions

🇨🇳 ChinA.I. 🤖🧠🦾🤖

Chinese tech giant Huawei has created an advanced AI chip, set to debut in October, The Wall Street Journal reported. Big companies including TikTok parent ByteDance, Chinese search-engine powerhouse Baidu, and telecom China Mobile are already in talks to buy the chip (dubbed “Ascend 910C”). Orders are expected to exceed 70K chips valued at a total of $2B. Chinese companies have struggled to get their hands on the most advanced chips as the US has ramped up sanctions.  https://www.wsj.com/tech/ai/huawei-readies-new-chip-to-challenge-nvidia-surmounting-u-s-sanctions-e108187a  #🇨🇳 ChinA.I. 🤖🧠🦾🤖

Nate

In the first half of 2024, the Chinese passenger vehicle market witnessed significant developments in the automotive cockpit chip sector.

Huawei HiSilicon, a domestic brand, made a remarkable entry into the top ten list of cockpit chip suppliers, securing its position with a delivery volume of 225,898 units and a market share of 1.42%.

https://www.chinainternetwatch.com/47212/huawei-hisilicon-enters-top-10-in-chinas-passenger-vehicle-cockpit-chip-market/?utm_source=ciwnews.beehiiv.com&utm_medium=newsletter&utm_campaign=29-aug-2024

In the first half of 2024, the Chinese passenger vehicle market witnessed significant developments in the automotive cockpit chip sector.  Huawei HiSilicon, a domestic brand, made a remarkable entry into the top ten list of cockpit chip suppliers, securing its position with a delivery volume of 225,898 units and a market share of 1.42%.  https://www.chinainternetwatch.com/47212/huawei-hisilicon-enters-top-10-in-chinas-passenger-vehicle-cockpit-chip-market/?utm_source=ciwnews.beehiiv.com&utm_medium=newsletter&utm_campaign=29-aug-2024

Todd Smith

China, which says the US wants to suppress its economic growth, raised $48B this year to back its semiconductor industry.