China chipmakers push to triple AI chip capacity, eyes Nvidia alternative

China’s chipmakers are aggressively pursuing a plan to triple their AI chip production by 2026, aiming to lessen reliance on Nvidia. Huawei intends to initiate AI chip production by the end of the year and establish two more facilities by 2026. SMIC also plans to double its 7-nanometer chip manufacturing capacity next year, with Huawei as its primary client.

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