Huawei’s New AI Chip Ignites Crypto Rally and Challenges Nvidia’s Dominance
Chinese Tech Giant’s Ascend 910D Triggers Shifts in AI Hardware and Cryptocurrency Markets
In a bold move reshaping the global tech landscape, Huawei announced plans to test and ship its latest AI chip, the Ascend 910D, intensifying competition in China amid Nvidia’s export restrictions. As of April 27, 2025, the news has sent ripples through both the AI hardware sector and the cryptocurrency market, sparking a surge in AI-linked tokens like Render Token and Fetch.ai.
Huawei’s aggressive push into AI chips comes at a crucial moment, as U.S. export controls continue to hamper Nvidia’s ability to serve the Chinese market.
Huawei Targets Market Gaps Left by Nvidia
Ascend 910D Positioned to Seize Local AI Demand
Huawei’s Ascend 910D, an upgrade to its earlier Ascend 910C, is poised to fill the void left by Nvidia’s restricted exports.
Matthew Bryson, Semiconductor Analyst at Wedbush Securities, explained the stakes clearly:
“If you push Nvidia’s H20 out of China and Huawei fills the void, then potentially Nvidia loses that market.”
By aggressively developing its AI chip capabilities, Huawei aims to dominate China’s expanding AI needs, capitalizing on local demand where foreign players now struggle. This move also highlights China’s broader push toward self-sufficiency in key technology sectors.
AI Chip Launch Spurs Crypto Market Movements
Render Token and Fetch.ai See Price Spikes
The impact of Huawei’s announcement has been felt beyond traditional tech markets. AI-related cryptocurrencies such as Render Token (RNDR) and Fetch.ai (FET) experienced notable price surges following the news.
This reaction mirrors a growing trend where developments in AI hardware directly influence blockchain-based AI projects. Meanwhile, Nvidia’s stock has seen a 28% decline year-to-date, reflecting investor concerns over its constrained international footprint.
The interplay between AI innovation and crypto markets is becoming increasingly pronounced, setting the stage for a volatile but opportunistic landscape.
Export Controls Continue to Fuel Local Tech Innovation
Sanctions Drive a Surge in Domestic Production
Historically, U.S. export controls have accelerated local production capabilities in nations like China. The latest sanctions against Nvidia have again demonstrated this dynamic, spurring Huawei’s rapid progress.
Industry analysts suggest Huawei is well-positioned to capture major segments of the AI chip market that were once dominated by U.S. firms. Volatility in both the semiconductor and cryptocurrency sectors is expected to remain high, mimicking historical patterns observed during previous sanction waves.
Huawei’s resurgence highlights the ongoing shifts in the global tech hierarchy — a narrative that will continue to evolve throughout 2025.
Final Thoughts
Huawei’s Ascend 910D isn’t just a new chip; it’s a symbol of China’s resilience and ambition in high-stakes technology sectors. As competition intensifies and crypto markets react, investors and tech watchers alike are bracing for a new chapter of innovation, disruption, and opportunity.
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