Why Huawei’s Chipmaking Plan Has Investors Buzzing: Explainer

The artificial intelligence boom has triggered an insatiable demand for computing power, with companies such as Amazon.com Inc., Meta Platforms Inc. and Microsoft Corp. pouring hundreds of billions of dollars into data centers and advanced chips developed by US semiconductor giant Nvidia Corp.

China, meanwhile, is at risk of falling behind in the AI race as US trade restrictions limit its access to critical chipmaking technology.

Against that backdrop, Chinese tech giant Huawei Technologies Co. captivated industry watchers and investors on May 25 when its semiconductor chief, He Tingbo, outlined a new approach to chip design — a departure from ...