NEW YORK, April 28 -- Huawei Technologies is preparing to test its new AI processor, the Ascend 910D, which it hopes could rival high-end products from US chip giant Nvidia.

According to the Wall Street Journal, the development signals the ongoing progress of China's semiconductor industry, despite US efforts to hinder it, including cutting access to Western chip-making equipment.

Huawei has reportedly approached some Chinese tech companies to test the technical feasibility of the new chip, with samples expected to arrive as soon as late May.

Although still in the early stages, several tests are needed to assess the chip's performance before it can be released to customers.

Huawei is aiming for the Ascend 910D to surpass Nvidia's popu...