Huawei's Ascend 910C AI Chip Challenges Nvidia in China

New AI chip aims to rival Nvidia's H100 amidst U.S. sanctions, with major Chinese firms showing interest.

Huawei's Ascend 910C is set to compete with Nvidia's H100 and B20 AI chips in the Chinese market.
Major Chinese companies like ByteDance, Baidu, and China Mobile have tested the new chip and shown interest in large orders.
Huawei faces production challenges due to U.S. sanctions, which restrict access to advanced manufacturing tools and components.
Initial orders for the Ascend 910C are valued at approximately $2 billion, with shipments expected to begin in October.
The competition in China's AI chip market intensifies as Nvidia also develops new chips to comply with export regulations.