Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs [Yahoo! Finance Canada]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance Canada
(Reuters) - China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to U.S. restrictions, said two people familiar with the matter. The telecoms conglomerate has sent samples of the Ascend 910C - its newest chip, meant to rival those made by U.S. AI chipmaker Nvidia - to some technology firms and started taking orders, the sources told Reuters. Huawei is at the heart of U.S.-China friction over trade and security. Washington has imposed a series of curbs on Huawei and other Chinese companies, arguing that their technological progress poses a national security risk to the U.S. Beijing, which is trying to make the world's second-biggest economy self-sufficient in advanced semiconductors, denies such claims. The restrictions have hampered Huawei's ability to get the yield - the proportion of chips that come off the manufacturing line fully functional - of its advanced AI
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