Huawei expects revenue from its AI processors to reach roughly $12 billion in 2026, up from $7.5 billion last year. The projection, based on orders already received from major Chinese technology firms including Alibaba, ByteDance, and Tencent, would represent at least 60% year-over-year growth and position Huawei as the dominant supplier in a domestic AI chip market that Morgan Stanley estimates could reach $67 billion by 2030. The surge has coincided with Nvidia CEO Jensen Huang confirming that Nvidia's share of the Chinese AI accelerator market has collapsed to zero percent.

These numbers describe a market that has bifurcated with unusual speed. Just 18 months ago, Nvidia supplied the vast majority of AI training and inference silicon used by Chinese cloud providers. Today, Huawei's Ascend 950PR is the primary procurement target for China's largest tech companies, and a training-focused successor named the 950DT is scheduled for Q4 this year.