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After stunning the semiconductor equipment market with around 30 chipmaking tools at SEMICON China, SiCarrier, regarded to be tied with Huawei, now seeks $2.8 billion in its first fundraising round, according to Reuters. The deal, drawing strong interests from state firms, funds, and local invest...
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Before Biden’s AI chip rules kick in on May 15, Trump slams the brakes, and Washington is now zeroing in on Chinese AI chips and models. According to Bloomberg and the U.S. Bureau of Industry and Security, the agency clarified that using Huawei’s Ascend AI chips anywhere breaches US export rules...
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Recently, Huawei Hubble Investment announced investment in two innovative companies to further deepen its deployment of technological ecosystem in May, followed by a series of investments in third-generation semiconductors, EDA tools, chip design, laser equipment, and core semiconductor materials. ...
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Amid tightening U.S. restrictions on AI, Chinese cloud companies like Huawei, Tencent and Alibaba seem to be gaining ground on an unexpected market: the Middle East. According to Rest of World, they are steadily gaining ground in the region’s digital infrastructure race, closing the gap with their...
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As the U.S. tightens export controls on NVIDIA’s H20 chips, Huawei is stepping up with a broader ambition in semiconductors. According to the Financial Times, the company is swiftly building an advanced chip production line in Shenzhen to manufacture 7nm smartphone and Ascend AI processors, implyi...