⬆ UPSTREAM — SUPPLIERS3
Huawei / HiSilicon
China's leading chip designer (Kirin mobile, Ascend AI); on US Entity List since 2019
YMTC
China's largest 3D NAND maker; Entity Listed Dec 2022, primarily serves domestic market
CXMT
China's leading DRAM maker, targeting DDR4/DDR5 at mature nodes without EUV
Huawei Cloud
China's third-largest cloud provider; runs Huawei Ascend 910 AI clusters; closed-loop with HiSilicon — only Chinese cloud with end-to-end domestic chip+cloud stack
⬇ DOWNSTREAM — CUSTOMERS2
DeepSeek
Chinese AI lab backed by High-Flyer quant fund; developed DeepSeek-V3/R1 frontier models using restricted NVIDIA H800 + Huawei Ascend; disrupted global AI pricing in Jan 2025
Zhipu AI
Tsinghua University KEG spin-out (2019) behind the GLM model family; Entity Listed Jan 2025, cutting off Nvidia H100/H200 access and forcing a pivot to domestic chips; first Chinese frontier AI lab to IPO, on HKEX Jan 2026
UPSTREAM — SUPPLIERS
Huawei / HiSilicon
China's leading chip designer (Kirin mobile, Ascend AI); on US Entity List since 2019
YMTC
China's largest 3D NAND maker; Entity Listed Dec 2022, primarily serves domestic market
CXMT
China's leading DRAM maker, targeting DDR4/DDR5 at mature nodes without EUV
↓ all supply to Huawei Cloud ↓
Huawei Cloud
China's third-largest cloud provider; runs Huawei Ascend 910 AI clusters; closed-loop with HiSilicon — only Chinese cloud with end-to-end domestic chip+cloud stack
↓ Huawei Cloud supplies to ↓
DeepSeek
Chinese AI lab backed by High-Flyer quant fund; developed DeepSeek-V3/R1 frontier models using restricted NVIDIA H800 + Huawei Ascend; disrupted global AI pricing in Jan 2025
Zhipu AI
Tsinghua University KEG spin-out (2019) behind the GLM model family; Entity Listed Jan 2025, cutting off Nvidia H100/H200 access and forcing a pivot to domestic chips; first Chinese frontier AI lab to IPO, on HKEX Jan 2026
DOWNSTREAM — CUSTOMERS
QWhat is Huawei Cloud's role in the AI chip supply chain?
China's third-largest cloud provider; runs Huawei Ascend 910 AI clusters; closed-loop with HiSilicon — only Chinese cloud with end-to-end domestic chip+cloud stack
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