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Nvidia CEO says he's 'disappointed' after report China has banned its AI chips
LONDON -- Nvidia CEO Jensen Huang has weighed in on the chipmaker's struggles in China after a report claimed the country has banned its AI semiconductors. He said he was "disappointed" after the Financial Times on Wednesday reported that the Cyberspace Administration of China (CAC) had ordered
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Nvidia CEO Huang says he's disappointed by China chip curbs
LONDON (AP) -- The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the U.S.-China battle over trade and tech, said he's disappointed about the situation. Jensen Huang said he expects to discuss the issue with President Donald Trump at a state banquet hosted by the
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Nvidia boss 'disappointed' by China chip ban
Nvidia - the world's leading chipmaker - had previously been banned from selling its most advanced chips to China, before Trump reversed the ban in July. Nvidia has to pay 15% of its Chinese revenues to the US government in an unprecedented deal struck in the summer. On Wednesday morning, the
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Nvidia CEO Huang says he's disappointed by China chip curbs
LONDON (AP) -- The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the U.S.-China battle over trade and tech, said he's disappointed about the situation. Jensen Huang said he expects to discuss the issue with President Donald Trump at a state banquet hosted by the
[5]
Nvidia CEO Huang says he's disappointed by China chip curbs
LONDON -- The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the U.S.-China battle over trade and tech, said he's disappointed about the situation. Jensen Huang said he expects to discuss the issue with President Donald Trump at a state banquet hosted by the
[6]
Nvidia CEO Huang Says He's Disappointed by China Chip Curbs
LONDON (AP) -- The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the U.S.-China battle over trade and tech, said he's disappointed about the situation. Jensen Huang said he expects to discuss the issue with President Donald Trump at a state banquet hosted by the
[7]
Nvidia CEO Huang says he's disappointed by China chip curbs
LONDON -- The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the U.S.-China battle over trade and tech, said he's disappointed about the situation. Jensen Huang said he expects to discuss the issue with U.S. President Donald Trump at a state banquet hosted by the
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Nvidia CEO Jensen Huang addresses China's reported ban on the company's AI chips, expressing disappointment while acknowledging broader geopolitical issues. The situation unfolds as Nvidia announces major AI investments in the UK during President Trump's state visit.
Nvidia, the world's most valuable chipmaker, faces a significant challenge in the Chinese market as reports emerge of a ban on its AI chips. CEO Jensen Huang expressed his disappointment during a press briefing in London, stating, "I'm disappointed with what I see, but they have larger agendas to work out, you know, between China and the United States, and I'm understanding of that"
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Source: CNBC
The Financial Times reported that China's Cyberspace Administration has ordered domestic tech companies, including ByteDance and Alibaba, to stop purchasing Nvidia's AI chips, even those specifically designed for the Chinese market
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. This development comes after a period of fluctuating relations between Nvidia and China, which Huang described as "a bit of a rollercoaster"1
.The situation is further complicated by ongoing geopolitical tensions between the United States and China. Previously, the U.S. had imposed restrictions on Nvidia's exports of advanced AI chips to China, citing national security concerns
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Source: BBC
In August, a deal was struck between President Donald Trump and Nvidia, allowing the company to receive export licenses in exchange for 15% of Chinese sales of the H20 chip going to the U.S. government
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. However, this arrangement now seems to be in jeopardy with China's reported ban.Adding to Nvidia's challenges, China's State Administration for Market Regulation (SAMR) has opened an anti-monopoly investigation into the company's acquisition of Mellanox, an Israeli technology firm
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Despite these setbacks, Nvidia remains committed to global expansion. During President Trump's state visit to the UK, Huang announced a substantial £11 billion ($15 billion) investment in UK AI infrastructure
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. This investment includes supplying chips to the Stargate UK data center, a collaboration with OpenAI, Arm, and NScale3
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Source: AP
Huang emphasized the importance of the Chinese market, describing it as "large" and "vibrant"
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. He stated that Nvidia would "continue to be supportive of the Chinese government and Chinese companies as they wish, and we're of course going to continue to support the U.S. government as they all sort through these geopolitical policies"1
.As Nvidia navigates these complex international relations, Huang is expected to discuss the China situation with President Trump at a state banquet hosted by the British government
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. The outcome of these discussions could have significant implications for the future of AI chip trade between the U.S., China, and other global markets.Summarized by
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