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

MT Newswires Live

Sep 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QTOC","symbol_name":"Innovator Growth Accelerated Plus ETF - October","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2665518318","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2665518318","pubTimestamp":1788770672,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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