{
}
Huawei's CEO, Ren Zhengfei, acknowledged that the company's chipmaking capabilities are at least a generation behind those of US-designed semiconductors. His comments align with reports of overheating issues during testing by Chinese tech firms and highlight the challenges Huawei faces amid increasing competition from Nvidia. Despite these hurdles, US chip restrictions have reportedly driven Beijing to enhance its domestic innovation efforts.
Huawei's founder, Ren Zhengfei, acknowledged that the company is currently a generation behind in chip development, specifically with its Ascend AI chips. He emphasized that there is no need for concern over chip advancements, as alternative techniques could help bridge the gap. Despite US trade sanctions, Huawei is reportedly testing its more powerful Ascend 910D chip, which may rival Nvidia's offerings.
Huawei CEO Ren Zhengfei acknowledged that the company's chips are a generation behind American counterparts, despite claims of technological prowess being exaggerated by the US. He emphasized the need for significant investment in basic science, noting that Huawei allocates about 180 billion yuan annually to research. Under ongoing US sanctions, the company is focusing on developing alternative technologies to navigate restrictions on advanced microchips.
[Source]
Huawei Technologies is focusing on enhancing AI chip performance through innovative methods like cluster computing, despite being a generation behind US competitors. CEO Ren Zhengfei emphasized the company's significant investment in research and the potential of compound chips, while addressing concerns over US export controls. Huawei's Ascend series competes with Nvidia, and recent developments suggest that its AI systems may outperform Nvidia's offerings in certain metrics.
The UK's Financial Conduct Authority (FCA) has partnered with Nvidia to launch the Supercharged Sandbox, allowing financial firms to test AI technologies in a controlled environment starting in October. This initiative aims to address challenges such as privacy and fraud risks while supporting firms with limited AI capabilities.The sandbox builds on the UK's leadership in regulatory innovation, having previously accelerated fintech investment significantly. By providing a flexible, principles-based regulatory framework, the UK offers financial institutions a competitive advantage in AI deployment compared to more prescriptive approaches in other jurisdictions.
Meta Platforms is reportedly in discussions to invest over $10 billion in AI startup Scale AI, which specializes in data labeling and has previously been valued at nearly $14 billion. This potential investment reflects a broader trend among tech giants racing to secure critical AI infrastructure, as global AI investment is projected to reach approximately $200 billion by 2025. Scale AI's platform, supported by major companies like Nvidia and Amazon, underscores the growing importance of high-quality labeled data in AI development.
Yageo plans to implement strict controls to safeguard technology if its acquisition of Japan's Shibaura Electronics succeeds, addressing national security concerns. The Taiwanese firm, which specializes in chip resistors, is in a bidding war with Minebea Mitsumi, having raised its offer to 6,200 yen per share. Yageo aims to enhance its product portfolio and expand Shibaura's market access while ensuring compliance with Japan's Ministry of Economy, Trade and Industry.
Broadcom's shares fell nearly 4% in premarket trading after the company projected third-quarter revenue of $15.80 billion, slightly above analysts' expectations but below investor hopes. Despite significant growth in AI revenue, geopolitical tensions and high market expectations create volatility for semiconductor companies, impacting stock performance.
Microsoft's shares reached a record high of $468.5, driven by robust growth in cloud computing and AI services, alongside strategic cost-cutting measures. The company's market cap now stands at $3.48 trillion, reflecting investor confidence in its balanced AI approach compared to Nvidia's more volatile growth. Despite layoffs affecting 6,000 employees, Microsoft continues to invest heavily in AI infrastructure, indicating a shift towards technological capabilities over human capital.
Nvidia Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Huawei CEO Acknowledges Chipmaking Lag Behind US Competitors
12:12 10.06.2025
Huawei Aims to Bridge Chip Development Gap Amid US Trade Sanctions
11:01 10.06.2025
Huawei Acknowledges Chip Shortcomings Amid US Sanctions and Focuses on Alternatives
10:30 10.06.2025
TSMC reports 39.6 percent revenue growth driven by AI chip demand
09:00 10.06.2025
Huawei Emphasizes Innovation in AI Chips Amid US Export Challenges
Chinese Yuan
United States Dollar
Huawei Technologies CO. Ltd.
Nvidia Corporation
CHN
USA
Ren Zhengfei
08:34 10.06.2025
UK banks to utilize Nvidia AI tools in new regulatory sandbox initiative
10:20 09.06.2025
Meta plans over 10 billion investment in AI startup Scale AI
02:10 09.06.2025
yageo pledges technology protection amid shibaura acquisition bid
Minebea Mitsumi Inc.
Nvidia Corporation
Apple Inc.
TWN
JPN
Pierre Chen
Shigeru Ishiba
Shinichi Uchida
Show more
14:07 07.06.2025
broadcom shares decline despite positive revenue forecast amid high investor expectations
04:00 07.06.2025
Microsoft achieves record stock price driven by AI and cloud growth
06:40 06.06.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: