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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

Nvidia: Stronger Restrictions Against China Could Hurt American Companies

Nvidia

Nvidia Corp. has voiced concerns that further tightening of restrictions against Chinese artificial intelligence and supercomputer sectors will cause long-term damaging effects on American chip developers in general. While the company remains optimistic about its immediate financial prospects, it reminded that 20 to 25% of its datacenter revenue comes from China, notes DigiTimes. 

"Over the long term, restrictions prohibiting the sale of our data center GPUs to China, if implemented, will result in a permanent loss of an opportunity for the U.S. industry to compete and lead in one of the world's largest markets," said Colette Kress, chief financial officer of Nvidia, at the most recent earnings call with analysts and investors (via SeekingAlpha). 

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