Not Intel, Not AMD — Huawei Is the Next Rival Jensen Can't Ignore, Poised to Take Over China's AI Market From NVIDIA

Forget Intel and AMD — Huawei Emerges as NVIDIA's Big Rival

When we think of AI hardware, NVIDIA comes to mind. The company produces much of the hardware needed to power AI data centers around the world. You’d think that other semiconductor companies, like Intel or AMD, would be a rival to NVIDIA, but according to its CEO, Jensen Huang, Huawei is a closer competitor than you think. Huawei is NVIDIA’s true rival As we said, NVIDIA’s hardware is used in AI development worldwide. While AMD and NVIDIA are ty…

Not Intel, Not AMD — Huawei Is the Next Rival Jensen Can't Ignore, Poised to Take Over China's AI Market from NVIDIA

NVIDIA's next big rival is not another Big Tech company from the West but Huawei, the firm on track to dominate the AI segment in China. Huawei Could Very Well Make NVIDIA Irrelevant In The Chinese AI Markets, Marking a Massive Blow To The Company's Business When it comes to acknowledging competition, Team Green has done little despite being in the market for more than three decades, where you have rivals like Intel or AMD. Under NVIDIA's CEO Je…

PAG, Tencent, JD, Sunshine Buying 48 Wanda Malls in China - Mingtiandi

Having already acquired the manager of the mainland’s largest mall chain, PAG is set to lead a RMB 50 billion ($6.9 billion) acquisition of 48 Wanda Plaza shopping centres in China, official records show. The private equity firm has teamed... Read More>> The post PAG Leading $6.9B Acquisition of 48 Wanda Malls in China appeared first on Mingtiandi.

After a year, Wanda Group once again sold its heavy assets. PAG took the lead and joined Tencent Holdings, Sunshine Life Insurance, JD Panda and other companies to acquire 100% of the equity of 48 target companies held by Wanda Group through the establishment of joint ventures. This transaction has been unconditionally approved and involves Wanda Plaza projects in 39 cities including Beijing and Guangzhou.

China Corporate Pulse - Wanda Sells Another 48 Malls, Nvidia Plans New AI Chip for China, Huawei Debuts Ascend Supernode, and More - YT FINANCE

The post China Corporate Pulse – Wanda Sells Another 48 Malls, Nvidia Plans New AI Chip for China, Huawei Debuts Ascend Supernode, and More appeared first on YT FINANCE.