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Title: Nvidia CEO Says Company Went from 95% to 0 Market Share in China

Link: https://tech.slashdot.org/story/25/10/20/1934...

Nvidia CEO Jensen Huang says his company has lost all access to China's
market after U.S. export restrictions eliminated what was once a 95% share.
Speaking in an interview with Citadel Securities, Huang questioned the wisdom
of policies that cost America one of the world's largest markets. The Biden
Administration imposed rules in 2022 to restrict exports of Nvidia's most
advanced AI chips to China. The Trump Administration blocked additional chip
sales in April and later granted export licenses for certain Nvidia and AMD
chips in exchange for 15% of revenues. Chinese regulators responded by
telling domestic tech companies to avoid Nvidia chips designed to meet U.S.
export requirements. Beijing also placed strict limits on exports of rare
earths. Huang noted that about half the world's AI researchers are in China
and called it a mistake not to have them build AI on American technology.

Read more of this story at Slashdot.

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