Huawei could seize China’s AI chip crown in 2026 as Nvidia’s H200 shipments stall in regulatory limbo — Beijing pushes homegrown AI hardware dominance in a market projected to hit $67 billion by 2030

A Financial Times report has claimed that Shenzhen-based Huawei is on track to capture the largest share of China’s AI chip market this year, following growing demand from Chinese firms seeking domestic alternatives to American chipmaker Nvidia.

The report comes as Huawei reportedly expects AI chip revenue to surge to $12bn, up from $7.5bn in 2025. The company is basing its forecast of a 60% surge on existing orders for its 950PR chip, which entered mass production just last month. Huawei plans to launch an upgraded version of 950DT in the fourth quarter, as it continues to aggressively expand its chipmaking capabilities.

The move comes as NVIDIA’s China operations — once accounting for up to 25% of its data center business revenue — are being affected by export restrictions and regulatory barriers imposed by both the United States and China amid broader technological and trade tensions between the two countries.

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We reported earlier that Nvidia CEO Jensen Huang confirmed in March 2026 that the company had received U.S. licenses to sell H200 AI chips to China and was restarting production to meet demand. However, despite obtaining U.S. clearance and securing orders from Chinese customers, shipments have faced hurdles, with reports suggesting potential delays due to Chinese import regulations.

The Financial Times report claims that…