China seeks to triple output of AI chips in race with the US — FT
FXStreetAug 28, 2025 12:36 AM
China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, the Financial Times reported on Thursday.
One manufacturing factory dedicated to producing Huawei's AI processors is set to begin production as early as the end of this year, with two more due to launch next year, according to two people familiar with the plans.
Market reaction
At the time of press, the AUD/USD pair was up 0.10% on the day at 0.6512.
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