- Nvidia CEO Jensen Huang criticized U.S. export controls blocking the sale of its AI chips to China. Last month, the chipmaker noted a $5.5 billion write-down to its inventory, after the U.S. demanded companies get a license to sell their AI chips to China. Since President Joe Biden took office, Nvidia’s market share plummeted from 95% to 50%.
As the U.S. government has tried to limit Chinese access to state-of-the-art computer chips, Nvidia CEO Jensen Huang called the export curbs “a failure” during a tech forum in Taipei on Wednesday.
