Huawei prepares to test its Ascend 910D AI chip as new US tariffs and restrictions reshape the global semiconductor trade.

SINGAPORE—Huawei Technologies is gearing up to test its newest and most powerful artificial-intelligence processor, which the company hopes could replace some higher-end products of U.S. chip giant Nvidia.

China’s Huawei Technologies Co. is getting ready to test a new and powerful artificial intelligence processor that the company hopes can replace some products made by US-based Nvidia Corp., the Wall Street Journal reported.