Huawei’s new AI chip triggers massive 60% revenue surge
Huawei forecasts a 60% increase in its AI chip revenue in 2026, reaching $12 billion, driven by demand for its Ascend processor lineup. The growth reflects China's push for locally developed semiconductor solutions amid global supply chain pressures.
Huawei is expecting a sharp rise in its artificial intelligence chip revenue this year, driven by growing demand from domestic companies. The Chinese tech giant forecasts its AI chip revenue will increase by at least 60% in 2026, reaching around $12 billion based on existing orders. Much of this growth is tied to Huawei's latest Ascend processor lineup, with the Ascend 950PR chip having entered mass production in March. Huawei is also planning to expand its portfolio with an upgraded version, the 950DT, expected to launch in the fourth quarter. The surge in demand highlights Chinese firms turning to domestic suppliers for advanced AI chips amid global supply chain pressures.
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