Huawei and Nvidia face stiff competition. Chinese internet group Baidu and chip designer Cambricon have made strides in AI chip development. Meanwhile, in the US, Amazon and Microsoft are also betting they can grab more market share in chips for inference as AI applications become more widespread.

Huawei wants to dethrone Nvidia in China as it plans for new AI chips to challenge the latter’s dominance in that space.

Huawei is working on gaining a large part of the AI market in China, which is currently led by Nvidia. It offers local companies the ability to use their AI

While NVIDIA has been hit by US export restrictions preventing it from supplying advanced AI chips to China, the company still holds a strong position in the market due to its powerful GPUs. Huawei, however,