Nvidia chief holds onto hope for policy change as China market share drops to 0 from 95%
Jensen Huang calls exile of US technology from the mainland market a ‘mistake’, says company will continue to advocate for re-entry
“Hopefully, we will continue to explain and inform and hold on to hope for a change in policy”, he said at a Citadel Securities event in New York on October 6. A video of the interview was published on Wednesday.
While it has finally obtained Washington’s permit to sell a less powerful H20 tailor-made for China, the Chinese cyberspace administration launched an investigation into the chip for security concerns, and Chinese clients were advised to shun the watered-down product.
Huang’s comment echoed his long-held position that Nvidia has to sell its products to China or the market will be handed over to Chinese competitors like Huawei Technologies.
Huang said Nvidia’s exclusion from the Chinese market is bad for China and even “worse” for the US.
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Nvidia CEO Jensen Huang praises China’s AI progress following chip sales approval