Summary: As the U.S. tightens controls on Nvidia’s sales to China, Chinese AI chipmakers like Huawei stand to benefit. While Huawei’s Ascend series is gaining traction, export controls have hindered China’s ability to produce advanced GPUs at scale. Despite this, Chinese chipmakers have stockpiles and previous export exemptions, providing time to scale up GPU manufacturing.

Link: https://www.cnbc.com/2025/04/21/us-chip-controls-boon-for-china-nvidia-rivals-like-huawei-analysts-.html