Broker: China Galaxy International Securities (Hong Kong) Co., Limited
Date of Report: August 4, 2025<\/p>\n
Huawei Ascend 384 Supernode: Ushering in a New Era for China\u2019s AI Computing Power and Investment Landscape <\/p>\n
Introduction: China\u2019s AI Computing Power Takes Center Stage<\/p>\n
At the 2025 World Artificial Intelligence Conference in Shanghai, Huawei unveiled its groundbreaking Ascend 384 Supernode, marking a transformative milestone for China\u2019s computing power sector. As AI development accelerates, this debut signals a golden opportunity for domestic players and investors, with the potential to reshape the entire technology landscape. <\/p>\n
Event Highlights: Record-breaking AI Conference in Shanghai<\/p>\n
The 2025 World Artificial Intelligence Conference (WAIC) spanned July 26-28 in Shanghai.
\nExhibition area exceeded 70,000 square meters for the first time.
\nOver 800 companies participated, showcasing more than 3,000 products.
\nNotable exhibits included 40+ large language models, 50 AI terminal products, 60 intelligent robots, and 80 major new launches.<\/p>\n
This event was the largest of its kind in history, underscoring China\u2019s ambition to emerge as a global AI powerhouse. <\/p>\n
Huawei Ascend 384 Supernode: Technical Specifications and Market Impact<\/p>\n
Huawei\u2019s Ascend 384 Supernode, also referred to as the Atlas 900 A3 SuperPoD, stands out for its world-class performance, directly rivaling NVIDIA\u2019s flagship GB200 NVL72. <\/p>\n
Composed of 16 cabinets: 12 dedicated to computing, 4 for unified management.
\nContains 384 Ascend 910C chips across 48 server groups (each cabinet houses 4 server nodes).
\nAll units interconnected via a high-speed bus, overcoming internal communication bottlenecks to form a unified computing system.<\/p>\n
Performance Comparison: Huawei vs. NVIDIA<\/p>\n
Specification
\nHuawei Ascend 384 Supernode
\nNVIDIA GB200 NVL72<\/p>\n
BF16 Dense Computing Power
\n300 PFlops
\n180 PFlops<\/p>\n
Total Memory
\n49.2 TB
\n13.8 TB<\/p>\n
Memory Bandwidth
\n1,229 TB\/s
\n576 TB\/s<\/p>\n
The Ascend 384 Supernode cluster delivers 1.7x the computing power of NVIDIA\u2019s GB200 NVL72.
\nMemory capacity is 3.6x greater, and bandwidth is 2.1x higher than NVIDIA\u2019s offering.<\/p>\n
Breakthrough Architecture: Bus Technology and Cluster Efficiency<\/p>\n
Huawei\u2019s proprietary bus technology enables ultra-high bandwidth and ultra-low latency between the 384 NPUs, solving longstanding communication bottlenecks within large AI clusters. <\/p>\n
Inter-processor bandwidth is 15x higher than traditional architectures.
\nSingle-hop latency is reduced by 10x, breaking the industry\u2019s 15ms decode latency barrier for real-time deep-thinking applications.
\nReal-world training of dense models (e.g., LLaMA3 with hundreds of billions of parameters) is 2.5x faster than on traditional clusters.
\nFor communication-intensive models (Qwen, DeepSeek, multi-modal\/MoE architectures), performance improvements exceed 3x.
\nSystem efficiency: A single Huawei Supernode delivers 4x the performance of NVIDIA\u2019s GB200 NVL72, with computing power efficiency 2.3x higher and bandwidth efficiency 1.8x higher.<\/p>\n
These architectural advances allow Huawei to overcome the traditional disadvantage of single-card performance, positioning its solution as a viable and superior domestic alternative for AI computing. <\/p>\n
Investment Outlook: A Golden Era for China\u2019s Computing Ecosystem<\/p>\n
The launch of the Ascend 384 Supernode sets the stage for rapid growth in China\u2019s domestic computing power industry. Systematic engineering and architectural optimizations have helped close the gap with global leaders, opening unprecedented opportunities for the entire domestic supply chain. <\/p>\n
China Galaxy International maintains an Overweight rating on the sector, citing robust growth prospects amid ongoing AI advancements in FY2025. <\/p>\n
Key Stock Picks and Sector Opportunities<\/p>\n
Investors seeking exposure to this new era of domestic computing power should consider the following companies across core segments: <\/p>\n
1. Domestic Computing Chips and Hardware<\/p>\n
Dawning Information Industry (603019 CH; ADD) \u2013 Leading provider of high-performance computing systems.
\nHygon (688041 CH; ADD) \u2013 Specializes in CPU and server chip solutions.
\nLoongson (688047 CH; NR) \u2013 Develops independent CPU architectures.
\nCambricon (688256 CH; NR) \u2013 Focused on AI chip design and development.
\nRuijie Networks (301165 CH; NR) \u2013 Provides advanced networking and IT infrastructure.
\nChina Greatwall Technology (000066 CH; NR) \u2013 Offers computing hardware and cybersecurity solutions.
\nDigital China (000034 CH; NR) \u2013 Integrates IT and smart computing systems.
\nTalkweb Information System (002261 CH; NR) \u2013 Delivers IT services and digital solutions.
\nHuaqin Technology (603296 CH; NR) \u2013 Manufactures intelligent hardware terminals.
\nBichamp Cutting Technology (002843 CH; NR) \u2013 Supplies advanced manufacturing tools for technology production.
\nSichuan Huafeng Technology (688629 CH; NR) \u2013 Engaged in high-end semiconductor materials.
\nShenzhen Megmeet Electrical (002851 CH; NR) \u2013 Provides industrial power electronics equipment.
\nShenzhen Envicool Technology (002837 CH; ADD) \u2013 Specializes in cooling solutions for data centers and electronics.
\nSugon Data Energy (872808 CH; ADD) \u2013 Focuses on energy-efficient data center infrastructure.
\niSoftStone Information Technology (301236 CH; NR) \u2013 Offers software development and IT consulting.<\/p>\n
2. Data Centers and Computing Power Leasing<\/p>\n
Range Technology (300442 CH; NR) \u2013 Operates large-scale data center facilities.
\nSinnet (300383 CH; ADD) \u2013 Provides cloud data center and network services.
\nDawei Technology (600589 CH; NR) \u2013 Specializes in IT infrastructure services.
\nCDXJ Digital (603887 CH; NR) \u2013 Engaged in digital infrastructure development.
\nHaikong Nanke Huatie (603300 CH; NR) \u2013 Focuses on technology and data center construction.<\/p>\n
3. Cloud Computing<\/p>\n
Kingdee International (268 HK; ADD) \u2013 Cloud ERP and enterprise management software leader.
\nKingsoft Cloud (3896 HK; NR) \u2013 Offers a broad suite of cloud solutions.
\nUCloud (688158 CH; NR) \u2013 Provides secure and flexible cloud computing services.
\nYonyou Network (600588 CH; NR) \u2013 Specializes in cloud-based enterprise management software.<\/p>\n
Risks to Watch<\/p>\n
Potential slowdowns in AI innovation and adoption.
\nPolicy uncertainties and regulatory risks.
\nR&D progress delays and weaker-than-expected demand.
\nBottlenecks in supply chains and production capacity.
\nRising industry competition, both domestically and internationally.<\/p>\n
Conclusion: The Future of Domestic AI Computing in China<\/p>\n
Huawei\u2019s Ascend 384 Supernode marks a pivotal breakthrough for China\u2019s AI ambitions, providing a robust, high-performance, and domestically controlled alternative in a market historically dominated by global giants. With substantial improvements in computing power, memory, and bandwidth, the Supernode stands poised to catalyze the next phase of growth for China\u2019s entire computing ecosystem. <\/p>\n
Investors should closely monitor the evolving landscape, as the new chapter in domestic computing power brings not only technological innovation but also a wealth of market opportunities across chips, hardware, data centers, and cloud computing. <\/p>\n","protected":false},"excerpt":{"rendered":"Broker: China Galaxy International Securities (Hong Kong) Co., LimitedDate of Report: August 4, 2025 Huawei Ascend 384 Supernode:…\n","protected":false},"author":2,"featured_media":42710,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,105],"class_list":{"0":"post-42709","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-au","9":"tag-australia","10":"tag-computing","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/42709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=42709"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/42709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/42710"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=42709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=42709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=42709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}