$MU $SKHY $DRAM China's compute is going vertical. Huawei just raised its top AI chip 20 to 50% in two months. Cambricon repriced 20 to 30% higher. Grey market HBM inside China runs several times what the rest of the world pays. “Sources say Huawei has raised the indicated price of its Ascend 950DT accelerator card to more than $36,900. Depending on contract terms, that represents a 20% to 50% increase from prices quoted to customers just two months ago.” “Huawei has publicly said the 950DT, its most advanced AI chip, will become available in 4Q26.”“Sources say Cambricon has repriced its next-generation chip, tentatively called the 690, at 20% to 30% above levels indicated two months ago.” (No list price given.) “Sources say HBM obtained through these [grey-market] channels typically costs several times more than what buyers outside China pay.” “Huawei has said its Ascend 950 series will use two proprietary HBM technologies: HiBL 1.0 for the 950PR and HiZQ 2.0 for the 950DT, though it has not disclosed where or how the memory is manufactured.” “The Ascend 950PR, which sold for around $8,900 per card at the start of 2026, now costs more than $11,800, an increase of about 30%. The older Ascend 910C board has also climbed from around $13,300 at the beginning of the year to more than $16,200.” “Iluvatar CoreX has doubled its GPU shipments to TikTok developer ByteDance this year to 100,000 units.” “DeepSeek reportedly plans to deploy at least 160,000 Ascend 950DT chips at a large data center under construction in Inner Mongolia, primarily for AI inference.”