Huawei's Ascend Chips Outshine Nvidia in China Market

At the 2026 Huawei Connect Conference, Eric Xu announced that Huawei's Ascend chips are outshining Nvidia in China. With Nvidia's market share plummeting to 8%, Huawei is set to grab a whopping 50% of the AI market by 2026. They're cranking out 600,000 chips and teaming up with big players like DeepSeek, all while aiming for chip independence!