Huawei Chip Revenue Surges Despite American Export Controls

China’s largest technology company, Huawei, is set to achieve a remarkable 60% increase in chip revenue this year, defying American export controls that aimed to limit its access to advanced semiconductor technology. Despite the restrictions imposed on Huawei, including bans on sales and imports, the company is expected to close 2026 with approximately $12 billion in chip revenue, a significant jump from $7.5 billion in 2025. This unexpected growth has sparked debates on whether the U.S. export controls have inadvertently strengthened Huawei or merely slowed China’s progress in the semiconductor industry. The U.S. government’s efforts to restrict Huawei date back…