Tech war: Nvidia CEO Jensen Huang confident in China market despite US AI chip ban
- The Nvidia founder calls on Beijing and Washington to find ‘solutions’ over the US government’s technology export control against China
- He says he believes China’s semiconductor industry ‘will be very successful’ and he remains upbeat on the Chinese market’s growth
Nvidia founder and CEO Jensen Huang Jen-hsun said China continues to present a significant growth opportunity, even after the US government restricted the Californian company from exporting two of its top chips to the country.
Huang, 59, said at a press conference on Wednesday that he hopes Washington and Beijing can find “solutions” over US export controls against China.
“The friendship between China and the United States is beneficial to the world, and China is a great consumer of American-originated products,” Huang said. “China is also a critical part of the world supply chain.”
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AI chip maker ordered by US government to halt exports to China
Huang said Nvidia is working with Chinese clients to find alternatives. Asked by the South China Morning Post on whether he is worried about additional export restrictions by the US, Huang said he hopes that good solutions can be found to bridge the differences between the two countries through the wisdom of their leaders.
Washington’s move forms part of broader efforts by the US to limit China’s access to advanced chips and other technologies. The latest ban has already sent shock waves across the Chinese tech industry, as products made by domestic companies are currently incapable of replacing Nvidia’s best graphics processing units (GPUs).