Chinese company banned in US launches rival to Nvidia’s most-advanced chip

Huawei’s CloudMatrix 384, showcased at WAIC Shanghai, is emerging as a strong competitor to Nvidia’s GB200 NVL72. Despite U.S. restrictions, Huawei is becoming a key Chinese AI chip supplier. Nvidia CEO Jensen Huang acknowledged Huawei’s progress and warned about the impact of U.S. curbs, suggesting Huawei could dominate if restrictions persist.