May 1 : Huawei expects revenue from its AI chips to jump at least 60 per cent this year, boosted by strong demand for domestic offerings from Chinese companies, the Financial Times reported on Friday. The Chinese tech company expects revenue from its chips to reach about $12 billion this year based on orders it has already received, up from $7.5 billion in 2025, the newspaper said, citing sources. The report said Huawei received majority of orders this year for its latest Ascend processor 950PR,