NVIDIA GPU ALTERNATIVE
AI cloud unicorn Neysa eyes 2027-end IPO, plans new Nvidia, AMD chips and own data centres
Cofounder and CEO Sharad Sanghi told ET AI the firm is seeing demand from Indian customers and global companies looking to use India as a computing base with BFSI clients leading enterprise demand.
Nvidia’s share of China AI chip market falls to 34% as Huawei gains ground
Nvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like Huawei increased their market presence significantly during this period. The total AI accelerator shipments in China reached over 2 million units, with non-GPU shipments surpassing GPU sales for the first time.
Nvidia's China AI-chip share falls as Huawei closes gap, report finds
Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic rivals led by Huawei gained ground, according to an IDC report seen by Reuters.
DeepSeek partners with Huawei to develop chip programming tools, reducing reliance on Nvidia
Chinese AI firm DeepSeek said on Wednesday it has partnered with Huawei Technologies to develop programming tools for Huawei's Ascend chips, the latest sign of Chinese tech firms deepening ties as they seek alternatives to the Nvidia ecosystem.
How AMD went from Intel’s smaller rival to a $1 trillion AI contender
AMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and product innovation. Under CEO Lisa Su, AMD has transformed its business and expanded its offerings beyond CPUs. Recent acquisitions have bolstered AMD's capabilities in graphics processing and data center solutions.
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debut
Tencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong investor demand reflects China’s push for domestic AI chips amid US restrictions. Despite rapid revenue growth, Enflame remains loss-making and heavily dependent on Tencent, which accounted for 83.79% of 2025 revenue.
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Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architecture
AI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to democratize AI chip development by licensing its GPU architecture, OxCore, allowing businesses and governments to create custom AI processors. This move seeks to reduce the high cost of AI compute, particularly for emerging markets like India and Southeast Asia, fostering wider AI adoption.
Chinese chipmakers claim nearly half of local market as Nvidia's lead shrinks
The gains come as Beijing grows increasingly cautious about dependence on foreign chips, pushing government agencies and companies to adopt domestic alternatives after successive waves of U.S. export controls cut China off from Nvidia's most advanced products.
Chinese GPU designer Iluvatar CoreX reports 92% jump in annual revenue
Chinese GPU maker Iluvatar CoreX saw a 92% revenue surge in 2025. This growth stems from increased customers seeking local AI chips. The company's general-purpose GPU business performed strongly. This highlights China's push for domestic AI hardware alternatives. Iluvatar CoreX now serves over 340 clients across various sectors.
Nvidia OpenAI-Chatgpt IPO push: Jensen Huang-led AI giant eyeing big Initial Public Offering options
Nvidia CEO Jensen Huang has revealed the company's plans to invest in OpenAI remained on track following recent reports that the deal had been stalled.
OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
The ChatGPT-maker's shift in strategy, the details of which are first reported here, is over an increasing emphasis on chips used to perform specific elements of AI inference, the process when an AI model such as the one that powers the ChatGPT app responds to customer queries and requests.
ETtech Explainer: What’s Nvidia's Rubin platform, and why it matters for AI
The Rubin platform moves Nvidia from a seller of powerful GPUs to delivering fully integrated AI computing systems. Rubin is made up of six chips, consisting of tightly connected processors and networking components — Vera CPU, Rubin GPU, NVLink 6 Switch, ConnectX-9 Super NIC, BlueField-4 DPU, and Spectrum-6 Ethernet Switch.
Moore Threads surges 425% in market debut – is China’s 'Nvidia rival' the next big AI threat?
Nvidia of China: A new Chinese AI competitor, Moore Threads, has made a stunning market debut. The company, compared to Nvidia, surged over 400% on its first day of trading. This event sparks interest in China's AI sector. However, Moore Threads technology lags significantly behind Nvidia. Political shifts may also influence future market dynamics.
Nvidia stock drops $200B, experts say AI business still strong
Nvidia stock fell sharply last week, causing worry for investors, but experts say the company is still strong. Its AI and data center business are growing fast. Google and Meta are creating new AI chips, adding competition. Some investors, like Michael Burry, are cautious about Nvidia’s price. Despite this, Nvidia’s earnings and cash flow remain strong.
Chinese regulators block ByteDance from using Nvidia chips: Report
ByteDance bought more Nvidia chips than any other Chinese firm in 2025 as it raced to secure computing power for its billion-plus users amid concerns Washington could curb supply, according to the report.
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Intel is reportedly in early talks to acquire AI chipmaker SambaNova, a move that could bolster its competitive stance against rivals like Nvidia. While a deal's valuation is expected to be lower than its 2021 funding, it signifies a potential shift in Intel's acquisition strategy. The company aims to re-enter the AI GPU market next year.
Qualcomm stock skyrockets 19%, hits 52-week high after it announces chips to take on Nvidia and AMD
Qualcomm stock just soared 19% — its biggest jump in over a year. The reason? Qualcomm announced new AI accelerator chips, the AI200 and AI250, built to rival Nvidia and AMD in powering AI data centers. With a $182 billion market cap and entry into a $6.7 trillion AI infrastructure boom, Qualcomm is no longer just a smartphone chipmaker — it’s going all-in on energy-efficient AI hardware that could redefine the next era of AI computing. Analysts broadly see Qualcomm's stock as a moderate buy with significant upside potential.
AMD the next Nvidia in making? AMD stock rises to all-time high – what is powering AMD rally; here’s the latest AMD stock prediction
AMD stock is on a record-breaking streak. It’s trading around $253 after a 6.5% surge Friday, up nearly 90% this year—thanks to major AI partnerships that have Wall Street buzzing. A game-changing OpenAI chip deal on October 6 sparked a 34% single-day jump. Then came an Oracle GPU order and an IBM quantum breakthrough, lifting AMD shares another 7–8%. Now, analysts are racing to catch up. Bank of America lifted its target to $300, HSBC to $310, and others into the high $200s.
Two mystery customers made up 40% of Nvidia’s revenue — who are they?
Nvidia’s latest earnings grabbed headlines with a jaw-dropping $46.7 billion in quarterly revenue, but buried inside the SEC filing was a detail that shocked Wall Street: just two customers accounted for nearly 40% of that total. Who are these customers, why are they so important, and what risks does this concentration pose for Nvidia’s growth story?
Jensen Huang may have met his match, and it’s not AMD, but a stealthy South Korean challenger
FuriosaAI, a rising South Korean chipmaker, is quietly emerging as a serious Nvidia challenger in the AI hardware world. After turning down Meta’s $800M offer, FuriosaAI partnered with LG to power its LLM platform, proving it can outperform even Nvidia’s best chips in efficiency and cost. Their RNGD chip delivers faster AI inference while using far less power. This bold move signals a possible shift in global AI chip dominance. With Nvidia’s grip on the AI industry being tested, FuriosaAI might just be the surprise competitor Jensen Huang never saw coming.
Nvidia stock surges 4.47% in pre-market as U.S. clears H20 AI chip sales to China—AMD up 3.18% too as AI trade door reopens
Nvidia stock surged 4.47% in pre-market trading after the U.S. government cleared the company to resume H20 AI chip exports to China. This greenlight could recover billions in lost revenue after Nvidia took a $4.5 billion hit when restrictions were enforced in April. AMD stock also climbed 3.18% pre-market as investor confidence in the AI chip market returned. Nvidia’s new RTX Pro chip, designed to meet U.S. export rules, further boosts its China strategy. As Chinese giants like ByteDance and Tencent rush to order, investors now wonder—could Nvidia hit $200 next?
AMD stock soars as HSBC predicts $200 target — Is Nvidia's AI crown in jeopardy?
AMD stock price surged over 4% after HSBC upgraded it to ‘Buy’ and raised the target price to $200, signaling nearly 40% upside. HSBC is now bullish on AMD’s MI300X and MI350 AI chips, which are gaining ground against NVIDIA’s GPUs. Big names like Meta, Microsoft, and OpenAI are adopting AMD accelerators, fueling growth in its AI business. With a $5 billion AI revenue target by 2025 and rising demand across hyperscalers, analysts believe AMD is well-positioned for a major run. Investor confidence is rising, and Wall Street is now betting on AMD to challenge NVIDIA in AI chips.
Nvidia shares slump 20% in 2025; here's what's troubling Jensen Huang and why the stock is falling
Nvidia's stock has declined in 2025 after a stellar 2024, facing headwinds from US export controls that crippled its China sales. Huawei's emergence with competitive AI chips further challenges Nvidia's dominance, attracting major Chinese tech firms. Increased tariffs between the US and China have exacerbated the situation, impacting Nvidia's financial performance.
Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives, sources say
This month, US president Donald Trump's administration told Nvidia that sales of the H20 would require an export licence. Huawei's 910C, a graphics processing unit (GPU), represents an architectural evolution rather than a technological breakthrough, according to one of the two people and a third source familiar with its design.
AMD Radeon RX 9070 XT vs. NVIDIA RTX 5070 Ti- Is this the ultimate GPU battle? Here's price, availability, specs & performance
AMD Radeon RX 9070 XT and RX 9070 are here, promising top-tier gaming at an unbeatable price. Launching on March 6, 2025, the RX 9070 XT challenges NVIDIA RTX 5070 Ti with native gaming and ray tracing (RT) at $150 less. Built on RDNA 4, it boasts 16GB GDDR6 memory, 64 Compute Units, and up to 2.97GHz boost clock speed. With a $549 starting price, AMD aims to dominate the GPU market.
Race is finally on between AMD and Nvidia, with the latter's Radeon RX 9000 series GPUs set for launch in early March; to rival Team Green's rumored RTX 5060 Ti and 5060 launch
The competition in the graphics card market has intensified as AMD announced the launch of its Radeon RX 9000 series GPUs in March 2025 after Nvidia launched its RTX 5000 series.
High-cost GPUs not fit for next phase of AI
The maker of SN40L reconfigurable dataflow unit (RDU) chip has positioned itself as a power-efficient alternative meant for better inferencing speed and accuracy as compared to Nvidia GPUs. Backed by investors like SoftBank, Blackrock, Intel Capital, GV, Walden International, Temasek and GIC, the AI chip maker is valued at $5.1 billion and serves customers like Saudi Aramco, Accenture and Analog Devices.
After US curbs, Tencent and small chip designers chase Nvidia’s China crown
California-based Nvidia commands as much as 90% of China's $7 billion market for chips used to process enormous amounts of data to develop artificial intelligence (AI) software.
After US curbs, Tencent and small chip designers chase Nvidia's China crown
Chinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia's, hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions.
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