Market Chatter: Malaysia to Opt for Huawei AI Chips Despite US Opposition

MT Newswires Live
09/07

Malaysia is inclined towards utilizing Huawei Technologies' AI chips to power its AI efforts, despite opposition from the US government, Bloomberg reported Monday, citing people familiar with the matter.

The country is eyeing Huawei's hardware to amp up its 2 billion ringgit initiative at giving the country control over national data, the report said.

Meanwhile, Telekom Malaysia (KLSE:TM), with has an existing partnership with Huawei, has been nominated as the key operator for the AI project, the report added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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