US restrictions on exports to China have effectively locked Nvidia out of the country, the largest market for chips, and as a result the company expects to lose out on US$8 billion in sales this quarter alone. During a quarterly earnings call Wednesday, Huang spent much of the time arguing that the American government should ease the curbs.
Nvidia CEO Jensen Huang said that Chinese AI rivals are filling the void left by the departure of US companies from that market, and their technology is becoming more powerful.
“The Chinese competitors have evolved,” he said Wednesday in an interview with Bloomberg Television. Huawei Technologies, a Chinese tech company blacklisted by the US government, has become “quite formidable”, he said.
