Beijing has blocked or discouraged Chinese use because of security concernsHuawei leads a wave of Chinese chip firms racing to develop accelerators while Nvidia remains mostly shut out of the market by government controls. Chinese companies from Alibaba Group Holding to DeepSeek need millions of AI chips to develop and operate AI services. Rotating chairman Eric Xu introduced an array of Ascend chips, the 950, 960 and 970, slated for rollout in phases up till 2028. Huawei leads a wave of Chinese chip firms racing to develop accelerators while Nvidia remains mostly shut out of the market by government controls. As a wild card, Huawei is exploring a revamped next-generation Ascend chip beyond the announced models, slated for an even more enhanced 7nm SMIC line.