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While NVIDIA may not be afraid of the bubbling of AI frenzy, the U.S. chip giant is highly alert about another emerging competitor. According to a company filing cited by CNBC, the company listed Huawei as one of its current competitors for the second year.
NVIDIA now lists Huawei as a competitor in four key areas: chips, cloud services, computing, and networking, as per CNBC.
In its filing, NVIDIA names AMD, Intel, and Huawei as its top rivals in GPUs and custom chips, while citing AMD, Broadcom, Intel, Qualcomm, Renesas, Samsung, Ambarella, and Tesla as key competitors in the SoC market for servers, automotive, and gaming.
Citing remarks from NVIDIA CEO Jensen Huang, the CNBC report notes that the competition in China is intense, and he called Huawei and others “vigorous and very competitive.”
NVIDIA does have a reason to worry. According to the Financial Times, despite U.S. sanctions, Huawei has boosted the yield of its latest AI chips to nearly 40%, doubling from 20% a year ago.
Meanwhile, previous reports from Wccftech and Tom’s Hardware suggested that Huawei’s Ascend 910C achieves 60% of NVIDIA H100’s performance, delivering strong inference results.
According to Reuters, Huawei’s annual revenue in 2024 surpassed 860 billion yuan ($118.27 billion) with a roughly 22% YoY growth, rebounding from U.S. sanctions as its consumer business regained growth.
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(Photo credit: Huawei)
