(Bloomberg) -- The US doubts whether Huawei Technologies Co. can produce the advanced chip in its new smartphone at the scale or performance threshold necessary to meet market demand, a senior Commerce Department official told lawmakers Tuesday.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesArgentina’s Milei Devalues Peso by 54% i