US bans Nvidia's H20 just as Huawei reveals its next-gen Ascend 920 AI chip Ascend 920 may fill China’s AI chip gap post restrictions Nvidia faces $5.5 billion hit as Huawei seizes opportunity On April 9,

Huawei might be stepping in to fill the void left by Nvidia in the Chinese market. Following the export ban from the US, Huawei officially announced the Ascend 920, which is its fastest AI chipset. The timing of the announcement is oddly coincidental and could be arriving at a big cost to Nvidia.

Huawei prepares to test its Ascend 910D AI chip as new US tariffs and restrictions reshape the global semiconductor trade.