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. Huawei is looking to test its Ascend 910D chip with fellow homegrown tech companies and is expected to get its first samples of the chips next month,

Huawei reportedly plans to soon begin testing its latest Ascend AI chip, the Ascend 910D, which the company hopes will rival Nvidia's H100.

Huawei is gearing up to launch its newest and most powerful artificial-intelligence processor, taking aim at U.S. chip giant Nvidia. Stephen 'Sarge' Guilfoyle, contributor on TheStreet Pro, explains why he’s stepping away from Nvidia (NVDA) amid shifting industry dynamics.