Chinese Tech Firms Increase Demand for Huawei AI Chips Following DeepSeek's V4 Launch

The demand for Huawei Technologies' Ascend 950 AI chips has increased significantly after DeepSeek launched its V4 AI models, which are built on Huawei's chips. Major Chinese tech companies such as Alibaba, ByteDance, and Tencent are reportedly adopting these chips. This development highlights the growing reliance on Huawei's AI hardware in the Chinese tech sector.

By Ravikash Bakolia, SA News Editor · Seeking Alpha · April 29, 2026, 09:12 UTC

Tickers: $BABA

Topics: AI chips AI models DeepSeek Huawei Tech industry

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