Nvidia CEO Jensen Huang said US and China are close in the AI chip race, with China close behind.
Nvidia said that the Trump administration plans to restrict its chip sales to China.
The CEO also urged an "industry-oriented energy policy" that will encourage the growth of new tech.
Nvidia CEO Jensen Huang said the US and China are neck and neck in the race for AI chip dominance and that America needs to implement energy policies that will accelerate emerging tech industries.
Huang "China is not behind" the US. And, when asked if China is ahead, Huang clarified, "China is right behind us. We're very, very close."
Nvidia, which produces some of the most expensive and sought-after chips for training and using artificial intelligence models, said the Trump administration had informed the company that it would be restricting the sale of chips to China by requiring the tech giant to obtain special licenses to continue selling its H20 chips to Chinese customers.
Nvidia said that the Trump administration plans to restrict its chip sales to China.
The CEO also urged an "industry-oriented energy policy" that will encourage the growth of new tech.
Nvidia CEO Jensen Huang said the US and China are neck and neck in the race for AI chip dominance and that America needs to implement energy policies that will accelerate emerging tech industries.
Huang "China is not behind" the US. And, when asked if China is ahead, Huang clarified, "China is right behind us. We're very, very close."
Nvidia, which produces some of the most expensive and sought-after chips for training and using artificial intelligence models, said the Trump administration had informed the company that it would be restricting the sale of chips to China by requiring the tech giant to obtain special licenses to continue selling its H20 chips to Chinese customers.
8 days ago
