Main to remember
- The CEO of Nvidia, Jensen Huang, is said to have called Washington’s export limits on the sale of AI fleas to China a “failure” that would encourage Chinese competitors to accelerate the development of their own semiconductors.
- Last month, NVIDIA said it would take a $ 5.5 billion in the first tax quarter due to new export edges on the sale of its H20 chips.
- Nvidia Peer Advanced Micro Devices also said that he planned to deal with costs of up to 800 million dollars linked to the limits of sales of her MI308 china.
The CEO of Nvidia (NVDA), Jensen Huang, would have called the Washington export borders on the sale of ia fleas to China a “failure” that would encourage Chinese competitors to accelerate the development of their own semiconductors.
“I think that throughout the export control was a failure,” said Huang, according to The Wall Street Journal.
“Local companies are very talented and very determined, and export controls give them the mind, energy and government support to accelerate their development”, ” The newspaper Huang reported as saying.
Huang suggested that this could lead American companies like Nvidia to lose market share in China. “Four years ago, Nvidia had 95% market share in China. Today it represents only 50%”, Financial time Cirée saying it during the Calpex technology emission in Taipei on Wednesday. “The rest is Chinese technology. They have a lot of local technologies they would use if they had no Nvidia.”
Nvidia refused to comment beyond Huang’s remarks during the event.
Last month, NVIDIA said that it would take an accusation of $ 5.5 billion due to new export edges on the sale of its H20 fleas to China. The H20 chip is less powerful than the most recent in Nvidia and had been designed to respect the previous export limits for the Chinese market. Nvidia Peer Advanced Micro Devices (AMD) also said that he was planning to deal with costs of up to 800 million dollars linked to the limits of sales of his Mi308 chinese china.
Nvidia should report its tax results in the first quarter after the closing bell next Wednesday.
The actions of the AI fleas manufacturer have increased by around 2% in recent exchanges and added around 2% since the start of the year.
