Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring 
Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs 
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Google Halts UK YouTube TV Measurement Service After Legal Action 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Rewardy Wallet and 1inch Collaborate to Simplify Multi-Chain DeFi Swaps with Native Token Gas Payments 
Huawei is challenging Nvidia's dominance in China’s AI chip sector with the upcoming release of its Ascend 910C, a formidable new player in a market where U.S. trade restrictions are already pressuring Nvidia.
Huawei Takes On Nvidia in China’s AI Chip Market
As long as Huawei is around, Nvidia will have a tough time retaining its dominance in the Chinese AI chip industry. The developer of the Ascend 910 appears to be prepared to compete with the American chipmaker with a powerful AI chipset after a little hiatus.
Per HuaweiCentral, rumor has it that Huawei is getting ready to take on Nvidia in the Chinese market with its Ascend 910C AI chip. This new product has been in the works for months at the corporation. It appears to be ready now, and it might enter the chipset battlefield as early as October.
With the US and China still at odds over chips, Huawei's new chip looks like a strike at Nvidia. Because of its low-end processors, the foreign chipset company is already having trouble in China. This might be made more worse by Huawei's planned system on a chip.
US Trade Restrictions Pressure Nvidia's Market Hold
As a result of U.S. trade restrictions, Nvidia is unable to sell its cutting-edge AI processors in China. Consequently, the business did tap the Chinese market for new chips, but those lacking in processing capacity failed to pique buyers' interest.
Maybe Huawei came up with a solution that could benefit Chinese firms in more than one way. First, it will lessen reliance on imported goods. Second, in comparison to the newly released Nvidia processors in China's consumer market, it is significantly more efficient and dependable.
An improved version of the Ascend 910B is the Ascend 910C. The chipset was tested on the Chinese internet and by a few carriers. It seemed from the results that the new AI processor from Huawei can easily equal the performance of the Nvidia H100 under different scenarios.
Ascend 910C Orders Surge to $2 Billion Ahead of Launch
It is anticipated that the Ascend 910C would be shipped by the Chinese OEM by October of this year. Customers such as ByteDance, Baidu, and China Mobile have already placed orders for more than 70,000 units of the chipset prior to its introduction. This order is valued at $2 billion.
