Huawei Chairman: China May Adopt US AI Risk Stance as Tech Advances; Hardware Shortage to 2029

Huawei's rotating chairman Eric Xu suggested China may eventually share US concerns about AI risks as its technology matures, signaling a potential policy shift. He also predicted global AI hardware shortages could persist until 2029 and claimed Ascend has overtaken Nvidia in China's market share, prioritizing domestic customers. This indicates Huawei's growing confidence and strategic focus on the Chinese market amid US export controls.