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Huawei Ascend 950 AI Chip Demand Surges After DeepSeek V4 Launch: Wire
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Following the launch of DeepSeek's V4 AI model running on Huawei chips, market demand for Huawei's Ascend 950 AI chips surged, Reuters quoted sources as saying. Leading Chinese internet companies, including ByteDance, TENCENT (00700.HK) and BABA-W (09988.HK), have approached Huawei regarding new chip orders, while companies specializing in cloud computing and GPU leasing services are also actively placing orders. Although Huawei's 950PR chip performs significantly better than Nvidia (NVDA.US)'s H20 chip previously approved for sale in China, it still lags behind Nvidia's more advanced H200, the report added. Auto-translated by AI AASTOCKS Financial News |
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