Nvidia boss
Nvidia’s CEO Jensen Huang said that the US government’s rules on exporting chips to China are not working.
What Did Jensen Huang Say?
-
Nvidia’s Market in China Has Dropped
Earlier, Nvidia had 95% of the AI chip market in China, but now it is only 50%. Because of US rules, Nvidia lost $5.5 billion, and new rules might cause another $15 billion loss. -
China Is Improving Its Technology Fast
These rules are pushing Chinese companies to work harder and improve their own technology. Chinese companies are becoming stronger. -
US Might Lose Its Lead
If the US keeps limiting its technology like this, China’s AI technology will become more popular worldwide, and the US could lose its leadership.
What About Trump’s Policy?
Jensen Huang liked the old President Trump’s policy that tried to remove some strict rules made by the Biden government. He said cooperation is better than strict restrictions.
Summary
The Nvidia CEO says US chip export rules are causing harm, not help. He thinks the US should spread its technology globally to stay ahead.