Gold prices slip slightly after recent gains; U.S. data eyed
Investing.com -- Huawei Technologies is working to export small quantities of AI chips to the Middle East and Southeast Asia as it attempts to gain footing in markets where U.S. chip designer Nvidia (NASDAQ:NVDA) currently dominates, according to a Bloomberg News report published Thursday.
The Chinese telecom giant has approached potential customers in the United Arab Emirates, Saudi Arabia and Thailand about purchasing its older-generation Ascend 910B AI chips. The company is offering the chips in quantities of low thousands, though exact numbers remain unclear.
No deals have been finalized yet. Parties in the UAE have reportedly not shown interest, while the status of discussions in Thailand remains uncertain.
Huawei is also trying to attract customers by offering remote access to CloudMatrix 384, an AI system in China built with more advanced Huawei chips. The company is not currently ready to export these more advanced chips due to limited supplies.
The Middle East has become a growing market for AI chips, with several U.S. technology companies including Nvidia announcing deals in the region. In May, President Donald Trump secured $600 billion in commitments from Saudi Arabia for U.S. companies during a regional tour.
Within China, Huawei is focusing on selling its advanced 910C AI chips to domestic firms that cannot access top-tier American chips.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.