China aims to triple AI chip production in 2026 to cut Nvidia dependency

China’s chipmakers want to triple the production of AI chips in 2026 to reduce dependence on Nvidia Corp., according to a Financial Times report.

Huawei Corp. aims to begin production at a plant dedicated to making AI chips by end of 2025, with two more facilities set to launch in 2026, FT said, citing people familiar with the matter. The plants are designed to specifically support Huawei, but their ownership remains unclear.

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