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.

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

Nvidia stock fell 2.1% to $108.84 Monday, while the S&P 500 rose 0.1%. The stock rose 4.3% in Friday’s session. Huawei has approached some Chinese tech companies about testing a