Nvidia CEO Jensen Huang says the U.S. and China are nearly neck and neck in the race for AI chip leadership.
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Speaking on Capitol Hill, Huang stated, “China is not behind,” and clarified, “China is right behind us. We’re very, very close.”
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Huang’s comments come as the Trump administration prepares new restrictions on Nvidia’s chip sales to China, requiring special licenses to export its H20 chips.
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In a recent SEC filing, Nvidia confirmed it had been notified by the administration of the pending export controls.
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Huang also warned of intensifying competition from Huawei, saying:
“There’s no question that Huawei is one of the most formidable technology companies in the world… They’ve made enormous progress in the last several years.” -
To maintain U.S. leadership, Huang urged Washington to adopt an “industry-oriented energy policy” and expand support for chip production and global distribution.
This article was written by Eamonn Sheridan at www.forexlive.com.
