Press release

Blow For Nvidia? Baidu Reportedly Switches To Huawei For AI Chips, Ditching Its Long-time Supplier

In a significant industry shift, Baidu Inc. (NASDAQ:BIDU) reportedly ordered AI chips from Huawei moving away from long-time supplier Nvidia Corporation (NASDAQ:NVDA), signaling changes in global tech alliances.

What Happened: Baidu secured a deal with Huawei for the supply of artificial intelligence chips, marking a pivot from its usual supplier, Nvidia, Reuters reported. This move is attributed to increasing U.S. restrictions on tech exports to China.

Reuters’ sources revealed that the order, placed in August, included 1,600 Huawei Ascend 910B AI chips, intended for 200 servers. By October, over 60% of the orders had already been delivered to Baidu. The deal, worth around 450 million yuan ($61.83 million), is expected to be fulfilled by year’s end.

See Also: Apple’s iPhone 15 Has Retained Over 70% Of Its Value Since Launch While Google’s Pixel 8 Has Retained Just 36%: Report

This shift, although minor relative to the volume of chips usually sourced from Nvidia, is a clear indicator of Chinese tech firms adjusting to geopolitical pressures. Baidu, similar to its peers Tencent and Alibaba, ...

Full story available on Benzinga.com


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner
Trending

More to read