➀ The U.S. Commerce Department prohibits global use of Huawei's Ascend AI chips, citing violations of export controls due to alleged use of U.S. technology;
➁ Nvidia views Huawei as a formidable competitor but highlights challenges in replacing its dominance, as Huawei faces sanctions limiting access to advanced chipmaking tools;
➂ The crackdown underscores U.S. efforts to maintain AI leadership, even as Chinese firms like Biren and Moore Threads emerge as potential long-term challengers.