Huawei Migration Works

DeepSeek successfully shifts a large share of frontier pretraining to Huawei Ascend clusters, helped by its newly open-sourced training toolset and Huawei's supernode architecture. Nvidia remains important for inference and legacy workloads, but the strategic direction of Chinese AI compute moves visibly toward domestic hardware.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.