Nvidia CEO Warns U.S. Policy Caused Complete Loss of Chinese AI Chip Market
Nvidia CEO Jensen Huang revealed the company’s market share in China has plummeted from 95% to 0% due to U.S. export restrictions. The tech leader cautioned that policies harming China can also damage American interests, calling for more nuanced approaches to technology regulation.
Nvidia CEO Calls for Policy Reevaluation After China Market Collapse
Nvidia CEO Jensen Huang has revealed that the chipmaker’s market share in China dropped from 95% to effectively 0% due to U.S. export restrictions, according to his recent comments at a Citadel Securities event. Huang expressed disbelief that any policymaker would consider this outcome beneficial for American interests, stating “I can’t imagine any policymaker thinking that that’s a good idea, that whatever policy we implemented caused America to lose one of the largest markets in the world.”