💻 ** Huawei braces for $12 billion in AI chip revenue driven by homegrown AI model demand — Chinese fabs can barely keep up as Nvidia's market share craters within the region **

The projection, based on orders already received from major Chinese technology firms including Alibaba, ByteDance, and Tencent, would represent growth of at least 60% year-over-year.

🔗 https://www.tomshardware.com/tech-industry/huawei-expects-12-billion-in-ai-chip-revenue-this-year-as-nvidias-china-market-share-hits-zero

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