NuAxiSemiconductor trade intelligence

[News] Huawei 2025 R&D Spending Reaches Record 192.3B Yuan, 22% of Revenue; Cloud Revenue Slips

What happened

Huawei's 2025 R&D spending surged to a record 192.3B yuan (22% of revenue), while overall revenue growth slowed to 2.2%. The company's AI chip business is gaining traction, with Reuters reporting plans to ship ~750k units of the Ascend 950PR this year, targeting NVIDIA's market share. 利多: Massive R&D investment and aggressive AI chip shipment targets signal potential for increased demand for Huawei's in-house semiconductor supply chain, though near-term financial performance is mixed.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

AI Accelerator

Huawei

R&DcapacityearningsAI-chip

Source and time

Source: TrendForce · 3/31/2026 · View original source

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[News] Huawei 2025 R&D Spending Reaches Record 192.3B Yuan, 22% of Revenue; Cloud Revenue Slips

What happened

Impact and signal

Affected components and suppliers

Source and time

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