Huawei develops new AI chip, seeks to match Nvidia, WSJ says

Huawei Technologies is preparing to test its newest and most powerful AI processor, which the company hopes could replace higher-end products of Nvidia (NVDA), Liza Lin and Raffaele Huang of The Wall Street Journal reports. The development is still at an early age and a series of tests on its performance will be needed, people familiar with the matter said.