Friday, July 18, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

Nvidia says US export controls on AI chips to China were ‘a failure’

by Mark Darwin
in Lifestyle
Nvidia says US export controls on AI chips to China were ‘a failure’
Share on FacebookShare on Twitter


The world’s second-largest economy to invest aggressively to develop a supply chain that does not rely on manufacturers outside the country

Published Wed, May 21, 2025 · 12:02 PM

[TAIPEI] US export controls on artificial intelligence (AI) chips to China were “a failure”, Nvidia chief executive Jensen Huang said on Wednesday (May 21).

“All in all, the export control was a failure,” Huang said adding: “The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, has been proven to be fundamentally flawed.”

The US block on sales of advanced AI chips to China has forced companies there to buy semiconductors from Chinese designers such as Huawei, while also spurring China to invest aggressively to develop a supply chain that does not rely on manufacturers outside the country.

Huang’s comments came after China on Monday urged the United States to “immediately correct its wrongdoings” and stop “discriminatory” measures following the US guidance warning companies not to use advanced computer chips from China, including Huawei’s Ascend AI chips.

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.

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. REUTERS

Share with us your feedback on BT’s products and services

Tags: ChinachipsControlsExportFailureNvidia
Mark Darwin

Mark Darwin

Next Post
CGSI flags global expansion potential for Pop Mart, maker of Labubu toys; initiates coverage

CGSI flags global expansion potential for Pop Mart, maker of Labubu toys; initiates coverage

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In