Huawei is forecasting a 60 percent revenue increase from the sale of its AI chips, the FT has reported.

According to the outlet, based on the number of orders already received this year, the Chinese chip giant expects chip revenue to hit $12 billion, up from $7.5bn in 2025.

Citing sources familiar with the situation, the FT said demand for Huawei’s Ascend 950PR processor, which went into mass production in March of this year, was the primary driving force behind the growth. The company is also planning to launch an upgraded version of its 950DT chip in Q4.

Despite the Trump administration granting permission for Nvidia to export the GPUs to “approved customers” in China and other countries under certain conditions in early December 2025, earlier this month, US Secretary of Commerce Howard Lutnick said that no H200s had been sold to China as companies in the country were facing difficulties securing permission from the Chinese government.

However, over the last year, multiple conflicting reports have emerged as to whether the lack of sales is the result of decisions taken by either the Chinese or the US governments.

Shortly after the US government green-lit exports, it was reported that the Chinese government had asked tech companies in the country to pause orders for the GPUs while regulators decide the ratio of Chinese-made chips to H200s customers must purchase.

The US government, meanwhile, updated its export approval criteria in January, adding a number of new provisions that had not been previously announced. This includes the testing of chips by third-party labs to verify their technical capabilities before being exported, and export approvals being granted on a case-by-case basis. Exports will not be permitted unless there is “sufficient supply” of the GPUs in the US, with the total number of exports to be capped at less than 50 percent of US customer volume.

In March of this year, the FT reported that Nvidia had halted production of H200 GPUs intended for use in the Chinese market in order to reallocate manufacturing capacity at TSMC foundries for its Vera Rubin chips.