Jensen Huang, CEO of Nvidia, expressed his views on his efforts to lift export restrictions on the company's advanced chips to China. He believes it is crucial for both governments to remove limitations to ensure competitiveness.
Jensen Huang's Role in Lifting Restrictions
Huang downplayed his role in the approval of the H20 chip sale to China, stating it's up to both governments. He emphasized that he has made efforts to inform and provide facts necessary for lifting the restrictions.
China's Economic Potential
Huang pointed out that U.S. companies are missing out on the growing AI market in China, estimated to be worth $50 billion in three years. He also noted that the Chinese company Huawei could serve as a competitor to Nvidia.
Nvidia's Stance on Security Issues
Huang stressed that export restrictions hinder U.S. tech leadership goals. He pointed out that China already has significant computing capacity for its needs, suggesting that the restrictions are only slowing down development.
Export and technology control issues remain relevant for Nvidia as it aims to strengthen its position in the Chinese market despite risks and challenges from the U.S. government.
