Nvidia CEO Jensen Huang calls US AI chip export controls a ‘failure’

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Nvidia CEO Jensen Huang calls US AI chip export controls a ‘failure’ - Malay Mail

Quick Summary:

TAIPEI, May 21 — US export controls on artificial intelligence chips to China were "a failure”, Nvidia Chief Executive J...

Huang, speaking at the annual Computex event in Taipei, said Nvidia’s market share in China dropped to 50 per cent from 95 per cent at the start of former US President Joe Biden’s administration.

The US action seriously undermined consensus reached at the high-level bilateral trade talks in Geneva, a statement from China’s commerce ministry said, vowing resolute measures if the US continues to “substantially” harm China’s interests.