Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.

Huawei Technologies' plan to develop more powerful chips for AI and phones is facing hurdles due to the U.S. export curbs, Bloomberg News reported. The Chinese tech giant is designing its next two Ascend processors,

Huawei’s plans to create more powerful chips for AI and smartphones have hit a major roadblock due to US sanctions. Huawei is designing its next two Ascend processors, its answer to Nvidia’s dominant accelerators,

China’s answer to being banned from Nvidia’s (NVDA) artificial intelligence chips is reportedly being stalled by U.S. trade restrictions.Huawei’s next two Ascend processors are being designed with the 7-nanometer process that has existed for years,