NVIDIA’s $50B China Loss Why Jensen Is Blaming the US
AI Summary
In the latest earnings call, NVIDIA CEO Jensen Huang expressed concern over a recent U.S. ban on the company’s H20 AI chip for the Chinese market. This ban resulted in a 2.5 billion in orders unfulfilled, raising potential losses to $50 billion. Huang warned that restricting Chinese chipmakers from U.S. competition may inadvertently strengthen them in international markets, challenging America’s dominance in AI and technology. He emphasized that control over AI technology and standards is crucial for the U.S., and that pushing too hard against China could push global AI talent and resources into rival ecosystems. This situation transcends simple sales losses and highlights the strategic battle for influence in the next industrial revolution.