China’s Huawei Develops New AI Chip to Rival Nvidia

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 28 April 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for April 28. Huawei is developing a new AI chip that aims to rival high-end offerings from U.S. semiconductor giant Nvidia. WSJ tech reporter Liza Lin says that although Huawei's Ascend 910D chip is still in the early stages of development, it shows the resilience of China’s semiconductor industry. Plus, Canadians head to the polls to decide the country’s next leader amidst economic turbulence and outside pressure from President Trump over trade and security. And elite universities form a private collective to push back against the White House. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	China's Huawei develops a new AI chip designed to go toe-to-to-to with NVIDIA.
0:08.7	Plus, Canadians head to the polls in an election dominated by threats from Washington
0:14.2	and how one Ohio City, population 265,000, became America's housing goldmine.
0:22.7	With home prices at sky high levels in many markets, relatively low-priced pockets of America
0:28.8	like Toledo are seeing a lot more elevated interest.
0:32.0	It is one of the sort of hidden gems of housing affordability.
0:35.6	It's Monday, April 28th.
0:37.2	I'm Luke Vargas for the Wall Street Journal,
0:39.4	and here is the AM edition of What's News,
0:42.2	the top headlines and business stories moving your world today.
0:49.0	It's almost time for the culmination of earnings season
0:52.0	as Microsoft, Meta, Amazon, and Apple prepare to report
0:56.3	quarterly results in the coming days. Along with Alphabet, Invidia, and Tesla, those magnificent
1:02.0	seven tech stocks were largely responsible for lifting stocks out of the 2022 bear market,
1:07.6	but currently they find themselves in a very different situation.
1:11.5	So far this year, they've collectively shed $2.5 trillion in market value, with each falling
1:17.4	more than 6 percent, and their earnings dominance is expected to diminish.
1:22.4	According to analysts pulled by FACCET, the MAG-7 are on pace for just 16% profit growth this year, down from
1:30.1	about 37 last year. Microsoft and Meta's results are due on Wednesday, with Amazon and
1:36.5	Apple following on Thursday. Meanwhile, just months after the emergence of Chinese AI model
1:42.7	Deepseek dented some investors' faith in the supremacy of U.S.
1:46.7	Tech, we exclusively report that China's Huawei is developing a new AI chip that aims to rival high-end
	...

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