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Sources: Huawei expects AI chip revenue to hit ~$12B in 2026, up 60% from $7.5B in 2025, as orders for its Ascend 950PR chip surge and Nvidia stalls in China (Zijing Wu/Financial Times)

Techmeme [Unofficial] May 1, 2026
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Zijing Wu / Financial Times: Sources: Huawei expects AI chip revenue to hit ~$12B in 2026, up 60% from $7.5B in 2025, as orders for its Ascend 950PR chip surge and Nvidia stalls in China — Chinese tech companies place large orders for the Shenzhen-based group's latest range of AI processors

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