Nvidia Loses China AI Chip Market to Huawei

The event details the intensifying competition in the AI chip market between the United States and China, specifically highlighting the struggle between Nvidia and Huawei. Due to US export controls on advanced technology, Nvidia's sales of high-end AI chips like the H200 in China have stalled, leading to a significant loss of market share to domestic rivals, primarily Huawei. Huawei's Ascend 950 series chips are now considered comparable to Nvidia's H200, and Chinese companies like DeepSeek are adapting their AI models to Huawei's hardware. In response, Nvidia is strategically pivoting to market its new Vera CPU to Chinese cloud and data-center clients, aiming to regain its position in one of the world's largest data-center markets. This move also intensifies competition with established CPU makers Intel and AMD. China's long-term strategy of technological self-sufficiency and eventual export of its technologies is unlikely to change, regardless of Nvidia's ability to sell its chips in the country.