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flag Huawei develops Ascend 910C AI chip to compete with Nvidia's in China amid US sanctions.

flag Huawei is developing a new AI chip, Ascend 910C, to compete with Nvidia's AI chips in China, as US sanctions limit Nvidia's chip sales to the country. flag Huawei claims the Ascend 910C is comparable to Nvidia's H100. flag The company aims to start shipping the new chip as early as October, with expected orders surpassing 70,000 units, valued at around $2 billion. flag Companies such as ByteDance, Baidu, and China Mobile are looking to obtain the chips.

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