Nvidia Sees Huawei as Formidable AI Chipmaking Rival, CEO Says

(Bloomberg) — Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief.

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Huawei, Intel Corp. and an expanding group of semiconductor startups pose a stiff challenge to Nvidia’s dominant position in the market for artificial intelligence accelerators, Chief Executive Officer Jensen Huang told reporters in Singapore on Wednesday. Shenzhen-based Huawei has grown into China’s de-facto chip tech champion and returned to the spotlight this year with a surprisingly advanced made-in-China smartphone processor.

“We have a lot of competitors, in China and outside China,” Huang said. “Most of our competitors don’t really care where I am. They want to compete with us everywhere we go.”

Questions about China were prominent during Huang’s…

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