Nvidia identifies Huawei as top competitor in filing for the first time

Max A. By Cherney and Stephen Nellis

(Reuters) – Nvidia identified Huawei as a top competitor in several categories, including artificial intelligence chips, for the first time in a filing with the Securities and Exchange Commission late on Wednesday.

The Santa Clara, California-based company said China’s Huawei competes in the supply of chips designed for artificial intelligence, such as graphics processing units (GPUs), central processing units (CPUs) and networking chips. The company has also identified Huawei as a cloud services company that is designing its own hardware and software to improve AI computing.

Nvidia declined to comment Thursday.

Huawei developed the Ascend series of chips as a rival to Nvidia’s series of AI chips. The Chinese company’s main product, the 910B chip, is the main rival to Nvidia’s A100 chip, which was launched about three years ago.

Analysts have estimated China’s AI chip market at $7 billion.

Last year, Reuters reported that Chinese search giant Baidu had placed a chip order with Huawei ahead of widely anticipated new rules imposed by the US government to tighten restrictions on advanced AI chips exported to China.

Other rivals cited by Nvidia include Intel, Advanced Micro Devices, Broadcom and Qualcomm. The chip company also identified several large cloud computing companies such as Amazon.com and Microsoft

Nvidia shares rose 14% in early afternoon trading Thursday after the company released a revenue forecast that topped consensus estimates as strong AI demand continued.

(Reporting by Max A. Cherney in San Francisco; Editing by Marguerita Choy)

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