News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Huawei Ascend 950 AI Chip Demand Surges After DeepSeek V4 Launch: Wire
Following the launch of DeepSeek's V4 AI model running on Huawei chips, market demand for Huawei's Ascend 950 AI chips surged, Reuters quoted sources as saying. Leading Chi...
Reset
Send
The window will close in 5 seconds
Huawei Ascend 950 AI Chip Demand Surges After DeepSeek V4 Launch: Wire
Close
Recommend
29
Positive
45
Negative
21
 
 

Following the launch of DeepSeek's V4 AI model running on Huawei chips, market demand for Huawei's Ascend 950 AI chips surged, Reuters quoted sources as saying.

Leading Chinese internet companies, including ByteDance, TENCENT (00700.HK)  -11.400 (-2.379%)    Short selling $1.60B; Ratio 8.896%   and BABA-W (09988.HK)  -4.600 (-3.522%)    Short selling $1.94B; Ratio 17.389%   , have approached Huawei regarding new chip orders, while companies specializing in cloud computing and GPU leasing services are also actively placing orders.

Related News BOCI: Southbound Net Inflows Slow YTD, Focus on Internet, New Consumption and Semiconductor Sectors
Although Huawei's 950PR chip performs significantly better than Nvidia (NVDA.US)      's H20 chip previously approved for sale in China, it still lags behind Nvidia's more advanced H200, the report added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.