Jensen Huang Says Nvidia’s Market Share in China Sinks from 95% to Zero

Nvidia CEO Jensen Huang urged nuance in regulating China’s access to U.S. technologies critical to developing artificial intelligence (AI).

Nvidia processors have become hot commodities in the AI race as well as political bargaining chips in the U.S.-China trade war. (Photo: NVIDIA Asia-Pacific Facebook) 

In an interview with Citadel Securities, he warned that what harms China can often harm the U.S.—sometimes even more severely, Jason Ma reported for Fortune.

“Before we leap toward policies that are hurtful to other people, take a step back and maybe reflect on what are the policies that are helpful to America,” Huang said.

His words of caution come as Nvidia processors have become hot commodities in the AI race as well as political bargaining chips in the U.S.-China trade war.

Huang said he would like the world to run on U.S. know-how but noted that about half of the world’s AI researchers are based in China.

Huang also told Luke James of Tom’s Hardware last week that the company’s share of China’s advanced AI accelerator market has collapsed from 95% to zero as U.S. export controls continue to bite.

“At the moment, we are 100% out of China,” he said. “We went from 95% market share to 0%.”

“I think it’s a mistake to not have those researchers build AI on American technology,” he added. Striking a balance between maintaining U.S. tech supremacy and ensuring access to China will require nuance rather than an all-or-nothing approach, Huang said.