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Nvidia CEO says US AI chip export controls a 'failure'
The Straits Times
|May 22, 2025
Nvidia chief executive Jensen Huang said on May 21 that US export controls on artificial intelligence (AI) chips to China had failed, with companies using locally developed cutting-edge technology.
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TAIPEI -
Mr Huang said Nvidia's share of China's AI chip market had fallen to 50 per cent from nearly 95 per cent at the beginning of former president Joe Biden's administration.
"The local companies are very, very talented and very determined, and the export control gave them the spirit, the energy and the government support to accelerate their development," Mr Huang told reporters at Taiwan's top tech show Computex.
"I think, all in all, the export control was a failure," he said, noting that companies would use the "second-best" option if they could not get Nvidia's chips.
This story is from the May 22, 2025 edition of The Straits Times.
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