# Huawei Forecasts $12B in 2026 AI Chip Revenue — 60% YoY as Ascend 950PR Targets 750K Units

> Huawei's inference chip business is on track to nearly double in a year as China unhooks itself from Nvidia.

- Org: Huawei
- Date: 2026-05-01
- Category: ecosystem
- Source: https://thedeepdive.ca/huawei-eyes-12-billion-in-ai-chip-revenue-as-deepseek-v4-drives-orders-away-from-nvidia/
- Canonical page: https://ai-tldr.dev/releases/huawei-ai-chip-12b-revenue-2026/

## In short

FT reports Huawei expects AI chip revenue to climb 60% to ~$12B in 2026 from $7.5B in 2025, with ByteDance alone placing $5.6B in Ascend orders as Nvidia's H20 stays blocked from China.

## What it is

An FT-sourced report that Huawei now expects 2026 AI chip revenue of roughly $12B, up from $7.5B in 2025 — a 60%+ jump driven entirely by domestic Chinese demand for the Ascend 950PR.

## How it works

Mass production of the Ascend 950PR began in March on SMIC's N+3 process. Targeted output is around 750,000 units in 2026, with shipments concentrating in H2. ByteDance has placed orders worth roughly $5.6B; the upgraded Ascend 950DT is slated for Q4. Chip prices have already risen ~20% as demand outpaces supply.

## Why it matters

Huawei's revenue forecast is the cleanest financial reading on how fast China is building a self-sufficient AI hardware stack. It maps the lost Nvidia opportunity (H20 banned earlier this year) directly into Huawei's books and pairs with DeepSeek V4's optimisation work to define a parallel inference market the West cannot price.

## Who it's for

AI infra investors, semiconductor analysts, China-policy watchers.

## Links

- [The Deep Dive](https://thedeepdive.ca/huawei-eyes-12-billion-in-ai-chip-revenue-as-deepseek-v4-drives-orders-away-from-nvidia/)
- [Background (Invezz)](https://invezz.com/news/2026/04/29/huawei-ascend-950-chip-demand-surges-after-deepseek-v4-launch/)
- [Ascend 950PR Specs](https://tech-insider.org/huawei-ascend-950pr-ai-chip-nvidia-china-2026/)