Wednesday, 21 May, 2025

Nvidia CEO Jensen Huang Criticizes U.S. AI Chip Export Controls to China as Ineffective

Nvidia CEO Jensen Huang labeled U.S. export controls on AI chips to China as a "failure," noting a significant drop in Nvidia's Chinese market share from 95% to 50%. He argued that the restrictions inadvertently spurred China's domestic chip development, bolstering competitors like Huawei. Huang's remarks follow China's condemnation of U.S. measures as discriminatory, highlighting the complex repercussions of such trade policies.