HUAWEI'S PLAN TO BECOME CHINA'S NVIDIA

Summary from the TLDR newsletter

Huawei plans to release two new AI chips next year. The company has now shipped more than 1,000 of its AI-computing systems to over 370 customers. China's AI chip market is projected to grow to $67 billion by 2030. Huawei's chip-making technology still trails Nvidia's, but the company is developing workarounds and new designs to squeeze in more computing power while using less advanced equipment.