
Jensen Huang made this controversial comment on the sidelines of the Future of AI Summit.
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works .
(Image credit: Getty Images) Nvidia CEO Jensen Huang says Washington has lost its edge in artificial intelligence and warns that China will win the AI race. He cited the West's cynicism, export controls, and favorable energy circumstances in China as the reason, claiming it is much easier for companies to access energy in the country.
The chief of the most valuable company in the world by market cap has long been saying that the U.S. ban on chip exports is a failure , and that the spread of its advanced semiconductors is vital for it to retain its competitive advantage globally. However, the ongoing trade war between the two powers has resulted in export bans of Blackwell chips from the White House on the one hand, and the CCP banning foreign AI chips from state-funded data centers on the other. Because of this, Nvidia’s market share in China has since dropped to basically zero , which probably led to Huang’s statement to the Financial Times .
“China is going to win the AI race,” Jensen commented. He also added that “we need more optimism,” saying that the West’s cynicism is holding it back. Huang released a statement on Nvidia’s X account a few hours after FT published his words. “As I have long said, China is nanoseconds behind America in AI. It’s vital that America wins by racing ahead and winning developers worldwide.” The Nvidia CEO previously mentioned this in late September on a podcast, leaning on his stance that he’s been preaching for over a year that export restrictions on his company’s AI chips are detrimental to the U.S.’s long-term interests.
Jensen Huang says China is ‘nanoseconds behind’ the US in chipmaking
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/artificial-intelligence/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/artificial-intelligence/china-is-going-to-win-the-ai-race-nvidia-ceo-jensen-huang-decries-the-price-of-electricity-in-the-us-contrasts-it-with-chinas-subsidized-pricing#main
- https://www.tomshardware.com
- Razer's BlackShark V2 X gaming headset drops to less than £29 — a huge 53% saving makes them the ideal audio upgrade on a budget
- Chinese provinces offer steep power discounts to AI companies using China-made chips — country continues its aggressive push towards AI independence and homegro
- China and America's AI war isn't just about compute, it's about energy — energy subsidies promote homegrown chip push, amid data center energy squeeze
- Save on any Newegg purchase with this excellent gift card offer — buy $100 of credit and get $15 free
- Acer Predator Triton 14 AI Review: Creative mobile gaming
Informational only. No financial advice. Do your own research.