The steady advance by one of China’s flagship technology companies points to the resilience of the country’s semiconductor industry despite efforts by Washington to stymie it, including by cutting off access to some Western chip-making equipment.

The chip, dubbed Ascend 910D, will be Huawei's most powerful AI processor to date according to a report from the Wall Street Journal.

Chinese tech giant Huawei is reportedly ready to test a new artificial-intelligence chip to compete with Nvidia — but the U.S. chipmaker shouldn’t be too concerned, according to one analyst.