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AI News from ET - China's Huawei hypes up chip and computing power plans in fresh challenge to Nvidia

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Huawei announced its plans to release four new Ascend AI chips over the next three years, signaling its ambition to compete with Nvidia in the AI chip market. The Ascend 950 chip will feature Huawei's proprietary high-bandwidth memory, overcoming a key technological challenge for China.

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