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BREAKING: China is spending $295 billion to replace Nvidia with Huawei across its entire AI infrastructure. China announced today it will build a nationwide AI data center network over the next 5 years operated by state firms China Mobile and China Telecom. At least 80% of all AI chips must come from domestic suppliers, primarily Huawei. Nvidia and AMD are locked out by design. Jensen Huang confirmed this last month. "We've largely conceded that market to them," he told CNBC. China once accounted for at least 20% of Nvidia's entire data center revenue. That market is now gone. Huawei's new Ascend 950PR chip already outperforms the only Nvidia chip Washington allows China to buy, the H20 by 2.8 times. ByteDance has committed $5.6 billion to Huawei chips in 2026 alone. Alibaba and Tencent have placed significant orders on top of that. The $295 billion is just the government portion. Private spending by Alibaba, Tencent, and ByteDance is separate. When power grid integration is included, total projected investment reaches at least $800 billion by 2030. For context, the US committed $725 billion to AI this year alone. China is building its entire AI infrastructure without a single $NVDA chip.