Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei
Jensen Huang said Nvidia has largely ceded China to Huawei after U.S. export controls cut off sales of advanced AI chips.
- On Thursday, Nvidia CEO Jensen Huang announced the company has "largely conceded" China's AI chip market to Huawei, as U.S. export restrictions effectively shut out the semiconductor giant from the region.
- In April, President Donald Trump's administration mandated export licenses for advanced AI chips, effectively blocking Nvidia's access and accelerating Beijing's push for domestic semiconductor self-sufficiency.
- Reporting a blockbuster quarter, Nvidia unveiled an $80 billion buyback program as revenue surged 85% to $81.62 billion, though the Chinese market once accounted for one-fifth of data center revenue.
- Huang told investors to "expect nothing" regarding approvals to sell advanced chips, though the company has operated in China for 30 years alongside competitors including Tencent and Alibaba.
- Despite the setback, Nvidia is investing heavily across the AI industry's "five-layer cake" spanning energy, chips, infrastructure, models and applications while the Commerce Department maintains export restrictions.
14 Articles
14 Articles
Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bans
In a stark warning to Washington policymakers, Nvidia CEO Jensen Huang revealed that U.S. technology export bans may be triggering unintended consequences, declaring that China already has "all the chips they need" while state-backed rival Huawei is actively "flourishing in our absence.""Critics would say that selling advanced chips to China helps China close the gap and perhaps beat the U.S. in AI," FOX Business host Maria Bartiromo told Huang,…
Nvidia CEO Jensen Huang says NVDA has largely ceded China’s AI chip market to Huawei as export curbs bite.
After admitting that Nvidia share in China has fallen to Zero, CEO Jensen Huang tells Chinese company Huawei: We have ...
Tech News News: Nvidia CEO Jensen Huang has now acknowledged that the company has ‘largely conceded’ China’s artificial intelligence chip market to Huawei as US expor.
China Market Fallout Overshadows Nvidia’s Blockbuster Sales Growth
Whoever said business is best done face-to-face should have to compensate Jensen Huang for his recent travel expenses. The Nvidia CEO tagged along with the Trump delegation to Beijing hoping to finally close some sales for the company’s less-powerful designed-for-China H200 chips, yet arrived back in the US this week perhaps more boxed out from the Middle Kingdom than ever. As the chipmaking giant unveiled yet another blockbuster quarterly earni…
(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = Jensen Huang, CEO of Nvidia, the world's most valuable company by market capitalization, [regarding] China's artificial intelligence (AI) chip market...
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