# Huawei expects revenue from its AI chips to jump at least 60% this year.

*semiconductor · news · 2026-05-01 · The Economic Times*

## Key points

- Huawei projects its AI chip revenue will grow 60% this year to $12 billion.
- Demand from Chinese companies is the primary driver of Huawei's AI chip surge.
- Huawei's Ascend 950PR processor entered mass production in March and received most orders.
- An upgraded Ascend 950DT chip is scheduled for launch in the fourth quarter.

**Companies:** Huawei
**Countries:** China

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/huawei-expects-ai-chip-revenue-to-jump-at-least-60-this-year-ft-reports/articleshow/130665551.cms)

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