Chinese electronics giant Huawei Technologies Co. Ltd. today unveiled a new chip design framework that it says will help it to close the gap in the semiconductor industry with global leaders like Taiwan Semiconductor Manufacturing Co. and Nvidia Corp. The company also announced a new “Tau Scaling Law” as a replacement for Moore’s Law in future chip scaling, and said it’s targeting 1.4-nanometer-class chips and a 55% increase in transistor density by 2031. Announced at the Institute of Electrical and Electronics Engineers’ International Symposium on Circuits and Systems in Shanghai today, the new chip design method is primarily about helping…