Core Insights - Huawei plans to produce approximately 600,000 of its 910C Ascend chips in 2024, nearly double the expected output for 2023, with total production across all models potentially reaching 1.6 million chips, marking a significant technical advancement for the company [1][6] - The increase in production is aimed at meeting the growing domestic demand in China for AI processors from companies like Alibaba and Tencent, as Huawei seeks to capture a larger share of the semiconductor market amid geopolitical challenges faced by competitors like Nvidia [2][6] Huawei's Production Plans - Huawei's roadmap includes plans to launch a successor to the 910C, known as the 910D, in late 2026, alongside the introduction of the 950DT chip, which will feature a new design with four dies in a single chipset [8] - The company aims to produce around 100,000 units of the 950DT, which represents a significant design change and is part of Huawei's strategy to enhance its competitive position in the semiconductor industry [8] Competitive Landscape - Nvidia currently dominates the global AI chip market, but Huawei's increased production signals a potential shift in the competitive landscape, particularly as Huawei is seen as a key player in China's efforts to reduce reliance on U.S. technology [6][9] - Despite Huawei's advancements, Nvidia's chips are still preferred for training large-scale AI models, while Huawei's chips have primarily been used for inferencing [12] Market Outlook for Nvidia - Nvidia's stock has seen a year-to-date increase of 38%, with analysts maintaining a strong buy consensus, indicating confidence in the company's growth despite challenges in the Chinese market [3][14] - Projections for Nvidia's adjusted EPS suggest a year-over-year increase of 50.58% to $4.50 in fiscal 2026, with revenue expected to rise 58.20% to $206.45 billion [15]

Group 1 - Alibaba and other Chinese tech stocks experienced significant gains, with Alibaba's shares closing 3.5% higher, Baidu up 4.5%, and JD.com rising 3.1% amid an ongoing AI rally [1] - Alibaba's American depositary receipts (ADRs) increased by 2.8% ahead of the market opening, following a 2.3% rise the previous day, reflecting strong investor interest [1] - The company's stock has surged over 115% in 2025, while Hong Kong shares have risen 122% this year, indicating robust performance compared to other tech stocks [3] Group 2 - Alibaba's AI-driven mapping app, Amap, achieved a record of over 360 million daily active users during China's National Day holiday, showcasing the platform's growing popularity [2] - Anticipation is building around DeepSeek's latest AI model, which is reported to have improved training and reasoning capabilities while operating at a lower cost [2] Group 3 - The recent strength in Alibaba's stock is attributed to global investors seeking alternatives to the high valuations of the "Magnificent Seven" tech stocks [3] - Preliminary data indicates that China's residential home sales stabilized in September, raising hopes for a potential recovery from the ongoing property market crisis [3]

JENNIFER: THIS IS HORIZONS MIDDLE EAST & AFRICA. OUR TOP STORIES IS MORNING. ASIAN STOCKS GAIN FOLLOWING A GLOBAL RALLY AS TRADERS LOOK PACKS THE POLITICAL IMPASSE IN WASHINGTON.THE WHITE HOUSE PLANS TO DISMISS FEDERAL WORKERS SAYING LAYOFFS WOULD HAPPEN IMMINENTLY. PRESIDENT TRUMP SAID HE WILL PRESS CHINA TO RESTART SOYBEAN PURCHASES WHEN HE MEETS XI JINPING LATER THIS MONTH. AND BLOOMBERG HAS LEARNED HOW MOSS IS BEING PRESSED BY ARAB AND MUSLIM LEADERS TO ACCEPT TRUMP'S PLAN.WE ARE LIVE IN JERUSALEM WITH ...

Market Overview - US stock market closed higher, with the Dow Jones up 0.09%, the Nasdaq up 0.42%, and the S&P 500 up 0.34% [1] - Nasdaq Golden Dragon China Index rose 1.44% [1] Individual Stock Performance - Intel increased by over 7% [1] - Tesla increased by over 3% [1] - Microsoft, Apple, Google, and Amazon saw gains of less than 1% [1] - Meta decreased by over 2% [1] - Baidu and 21Vianet (世纪互联) increased by over 4% [1] - JD.com increased by over 3% [1] - Alibaba, Bilibili, and XPeng increased by over 1% [1]

facy got $1m from tim draper and $500k from qualcomm at $40m fdv. draper backed tesla at $60m, baidu at $80m, skype at $100m. qualcomm selected 15 ai teams from thousands for their incubation program. singapore government wrote them a grant check. google cloud published their case study. this is venture capital due diligence at shitter valuations ...

AND AFRICA. " OUR TOP STORIES THIS MORNING. THROWING IN THE KITCHEN SINK. U.S. PRESIDENT DONALD TRUMP ANNOUNCES A 100% LEVY ON PHARMACEUTICALS, AS WELL AS HEAVY TRUCKS, KITCHEN CABINETS, AND BATHROOM VANITIES. TRUMP SIGNS AND OFFER FOR TIKTOK. AND A WHITE HOUSE MEETING. TRUMP URGES TYPE OF ERDOGAN TO HALT PURCHASES OF RUSSIAN OIL WHILE HOLDING THE DOOR OPEN FOR TURKEY OBTAINING FIGHTER JETS, SAYING HE WANTS SOMETHING IN RETURN. IT HAS JUST GONE 8:00 A.M. DEFINITELY TRUMP WANT SOMETHING IN RETURN IN RELATION ...

WE BLOOMBERG TECH ASIA IS LIVE WITH SHERY AHN IN TOKYO AND ANNABELLE DROULERS IN HONG KONG. SHERY: AN EXCITING EPISODE AHEAD WITH A ROBOTAXI THAT COULD BE WORTH $330 BILLION ACCORDING TO BLOOMBERG INTELLIGENCE, NOT SURPRISING GIVING -- GIVEN THE AGING POPULATION AND LACK OF CABDRIVERS AND SOME OF THE LEADERS COULD BE CHINESE NAMES. ANNABELLE: ABSOLUTELY.YOU SEE THE VALUE CHAIN SIDE. YOU MENTIONED CHINESE NAMES, YOU HAVE BAIDU'S APOLLO, IN THE U.S. THERE IS WAYMO. THERE'S ALSO THE PARTNERSHIPS ON TOP.UBER AN ...

September 25, 2025 01:01 PM GMT Tracking China's Semi Localization | Asia Pacific Updates on domestic GPU efforts and foundry supply China has strong AI chip design and system integration capabilities. However, those great designs (Cambricon, Kunlun, T- head) were previously produced at TSMC or Samsung Foundry's 5nm, and since January, production was suspended as a result of US export control. Huawei unveiled its new AI chip roadmap, with advancement in software (FP4) but some drawbacks in FP16 data type: H ...

Core Insights - The development of autonomous vehicles (AVs) is accelerating, with significant investments from automakers and tech companies [1] - Nissan is launching its next-generation ProPILOT technology in Japan, aiming to address the declining driver population and plans to introduce an autonomous ride-share service by 2027 [1][9] Nissan's Initiatives - Nissan's upcoming ProPILOT system combines its "Ground Truth Perception" with Wayve's AI Driver software, designed for urban environments rather than just highways [2] - The demo fleet utilizes the Ariya electric SUV, equipped with advanced sensors for improved decision-making and navigation in complex scenarios [3] - Nissan aims to position its technology competitively against Tesla's Full Self-Driving system, although ProPILOT will remain at Level 2 autonomy requiring driver supervision [4][5] Competitive Landscape - In the U.S., Waymo leads in robotaxi services, operating fully driverless Level 4 services in multiple cities and providing around 250,000 paid rides weekly [6][7] - Amazon's Zoox is developing a purpose-built robotaxi, with limited testing already underway in Las Vegas and plans for expansion [8][10] - Tesla's Full Self-Driving package is in beta, requiring human oversight but benefiting from extensive real-world data collection due to its large fleet [11][12] Global Developments - China is advancing rapidly in AV deployment, with companies like Baidu and Pony.ai operating commercial driverless services, supported by government initiatives [13] - The competition in the AV space is intensifying, with various companies pursuing their unique paths while pushing the boundaries of technology [14]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **robotaxi** segment within the **China Autos & Shared Mobility** industry, highlighting its rapid expansion and technological advancements [2][10]. Core Insights 1. **Expansion of Robotaxi Services**: Baidu's Apollo Go has launched its robotaxi trial service in Jiangmen, Guangdong, following its earlier debut in Foshan, indicating a significant acceleration in the rollout of robotaxi services across various Chinese cities [2][10]. 2. **Government Support**: The growth trajectory of the robotaxi segment is expected to be driven by supportive government policies and the proactive scaling of robotaxi companies [2][10]. 3. **Strategic Partnerships**: Alibaba's strategic investment in Hello, a new robotaxi company backed by Ant Group, signifies deepening partnerships in the sector, focusing on algorithm platforms and smart-driving AI models [3][10]. 4. **Hardware Supply Contracts**: Hesai has secured a US$40 million order from a leading US robotaxi company, becoming the sole supplier of both long- and short-range lidars, marking a significant achievement for the company [4][10]. 5. **Market Dynamics**: Leading hardware manufacturers like Horizon and Hesai are expected to benefit from accelerating configuration upgrades, while robotaxi makers like WeRide are expanding into new international markets [5][10]. Future Projections - It is anticipated that L4+ robotaxis will account for **8%** of China's total taxi and ride-sharing fleet by **2030**, indicating a strong future for autonomous driving technologies [10]. Risks and Challenges 1. **Regulatory Environment**: Potential regulatory headwinds could impact the rollout of robotaxi services, particularly concerning driverless vehicle regulations in China [13][16]. 2. **Market Competition**: The competitive landscape is intensifying, with rising competition among autonomous driving technology providers and traditional OEMs [11][15]. 3. **Supply Chain Issues**: There are risks related to supply chain disruptions and the success of OEMs' in-house hardware design initiatives, which could affect the availability and pricing of necessary components [15][16]. Conclusion - The robotaxi segment in China is poised for significant growth, supported by technological advancements, strategic partnerships, and favorable government policies. However, stakeholders must navigate regulatory challenges and competitive pressures to capitalize on the emerging opportunities in this rapidly evolving market [10][11].