Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

Huawei Unveils Ascend 960 AI Chips, Challenging Nvidia's Dominance

Guavy AI Editorial Team
Instruments
NVDA
Share

Chinese tech giant Huawei is set to unveil its new AI technology this week in Shanghai, marking a significant step towards replacing Nvidia Corp. as the leading provider of AI chips in China.

The company's rotating chairman Wang Tao will present its upcoming Ascend 960 AI chips at the annual summit on Thursday. The Ascend 960 is expected to be commercially available in 2027.

Huawei's move comes despite US export control curbs, which have restricted the sale of certain technologies to Chinese companies. By developing its own AI chip technology, Huawei aims to reduce its reliance on foreign suppliers and establish itself as a major player in the global AI market.

More on Stocks

Stocks 4m ago

Disney's Iconic Characters Enter AI-Generated Wonderland

Stocks 5m ago

Disney's Twilight Zone Tower of Terror Gets Major Facelift

Stocks 5m ago

Disney World to Add Thousands of Jobs as Cast Member Workforce Grows

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy