Founder Ren Zhengfei says Huawei’s Ascend chips are still “one generation” behind US rivals like Nvidia, and that the “US has exaggerated Huawei’s capabilities — we’re not that strong yet.”

If that sounds an odd line for a CEO to take, remember that fears over Huawei’s AI prowess have driven a US clampdown intended to boost Nvidia in its place, and that the US and China are negotiating today over export controls and more.

[FT.COM]

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