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“China Is Right Behind Us”: Nvidia CEO Warns AI chip race is neck and neck

Nvidia CEO Jensen Huang says the U.S. and China are nearly neck and neck in the race for AI chip leadership.

  • Speaking on Capitol Hill, Huang stated, “China is not behind,” and clarified, “China is right behind us. We’re very, very close.”

  • 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.

  • In a recent SEC filing, Nvidia confirmed it had been notified by the administration of the pending export controls.

  • 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.

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