Nvidia CEO says Chinese AI firms are filling the void left by US companies
The post Nvidia CEO says Chinese AI firms are filling the void left by US companies appeared on BitcoinEthereumNews.com. Nvidia CEO Jensen Huang says Chinese AI firms are quickly stepping in to fill the void left by the departure of US companies from the market. Huang even argued that Chinese tech has grown more advanced. He said, “The Chinese competitors have evolved,” adding that Huawei Technologies Co., despite US restrictions, has become “quite formidable.” Nvidia’s Huang says Chinese companies are looking for chip manufacturing alternatives Recently, the US government imposed restrictions on Nvidia’s H20 model exports to China, citing concerns of possible military use. The controls have so far cost the company $2.5 billion in the first quarter. For this quarter, the chip maker is expecting a loss of $8 billion. During an earnings call on Wednesday, Huang called for the government to ease its restrictions. He contends that such restrictions should buttress American platforms rather than drive half of the world’s AI talent toward its rivals. In addition, he argued that the controls are not restraining China from leveraging cutting-edge AI tech but are instead pushing consumers to homegrown alternatives. He believes its major clients like Tencent Holdings Ltd have been forced to shift to Huawei products since they cannot rely on their US suppliers. Additionally, Huang clarified that the tech gap between China and America is progressively smaller, saying Chinese companies are “quadrupling capabilities every year.” He noted that Huawei’s newest AI chip rivals the performance of its H200, a top-tier offering until recently replaced. Huang added, “You cannot underestimate the importance of the China market. This is the home of the world’s largest population of AI researchers.” He emphasized that allowing Chinese open-source models like DeepSeek and Qwen to operate on Nvidia chips offers US companies important visibility in global AI development. The Trump administration is considering export controls on EDA technologies to China Aside from…
The post Nvidia CEO says Chinese AI firms are filling the void left by US companies appeared on BitcoinEthereumNews.com.
Nvidia CEO Jensen Huang says Chinese AI firms are quickly stepping in to fill the void left by the departure of US companies from the market. Huang even argued that Chinese tech has grown more advanced. He said, “The Chinese competitors have evolved,” adding that Huawei Technologies Co., despite US restrictions, has become “quite formidable.” Nvidia’s Huang says Chinese companies are looking for chip manufacturing alternatives Recently, the US government imposed restrictions on Nvidia’s H20 model exports to China, citing concerns of possible military use. The controls have so far cost the company $2.5 billion in the first quarter. For this quarter, the chip maker is expecting a loss of $8 billion. During an earnings call on Wednesday, Huang called for the government to ease its restrictions. He contends that such restrictions should buttress American platforms rather than drive half of the world’s AI talent toward its rivals. In addition, he argued that the controls are not restraining China from leveraging cutting-edge AI tech but are instead pushing consumers to homegrown alternatives. He believes its major clients like Tencent Holdings Ltd have been forced to shift to Huawei products since they cannot rely on their US suppliers. Additionally, Huang clarified that the tech gap between China and America is progressively smaller, saying Chinese companies are “quadrupling capabilities every year.” He noted that Huawei’s newest AI chip rivals the performance of its H200, a top-tier offering until recently replaced. Huang added, “You cannot underestimate the importance of the China market. This is the home of the world’s largest population of AI researchers.” He emphasized that allowing Chinese open-source models like DeepSeek and Qwen to operate on Nvidia chips offers US companies important visibility in global AI development. The Trump administration is considering export controls on EDA technologies to China Aside from…
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