Huawei's Ascend Chips Have Overtaken Nvidia in China's AI Market
· Source: startupfortune.com
In short
Huawei's Ascend chips have captured roughly 50% of China's AI accelerator market in 2026, a significant rise from near zero a year ago, while Nvidia's share dropped sharply from 40% to about 8%. This shift is driven by the Ascend 950PR chip and increased production, supported by SMIC's manufacturing capacity, highlighting the impact of US export controls in fostering a domestic Chinese AI chip champion.
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Tags: chips, AI, hardware, market, production, export controls