Huang: Chip curbs on China a failure

Nvidia Corp chief Jensen Huang blasted the "failure" of US restrictions intended to help contain China's technological ascent, calling on the White House to lower barriers to Al chip sales before American firms cede that market to up-and-coming rivals such as Huawei Technologies Co.

- JANE LANHEE LEE VLAD SAVOV

Mr Huang called for policymakers to propel US AI technology by lower-ing export barriers aimed at curtailing the rise of a geopolitical rival. Some corners of Washington are receptive to that argument when it applies to coun-tries like Saudi Arabia or the United Arab Emirates, which have close ties to China — but Mr Huang has so far failed to turn the tide of restrictions that specifically target the world’s second largest economy.

China alone will account for a $50 billion opportunity in 2026, Mr Huang told reporters at Computex in Taipei. If American tech providers like Nvidia aren’t allowed in, local customers will just spend that money elsewhere, he said.