Nvidia CEO Says Company Now Has Zero Share in China Market

Nvidia CEO Jensen Huang said the company’s market share in China has dropped to zero.

Nvidia CEO Jensen Huang discusses the impact of U.S. export controls on China sales. (Photo: Nvidia)

Huang made the remark during an interview on Memos to the President, a program by the Special Competitive Studies Project, Daniel Howley reported for Yahoo Finance.

“Nvidia had, you know, call it 90-some-odd percent of the world’s market share,” Huang said. “Today, in China, we have now dropped to zero.”

The U.S. government has shifted between allowing and restricting chip exports to China, at times permitting shipments from Nvidia and rival AMD, while also banning sales of high-performance processors.

More recently, President Donald Trump said certain shipments of Nvidia’s H200 chip would be allowed, though Commerce Secretary Howard Lutnick noted that none have been delivered yet.

Critics of easing restrictions argue that such chips could help China’s military advance AI capabilities.

Huang and others counter that restricting exports may accelerate China’s development of domestic alternatives.

“Conceding an entire market the size of China probably doesn’t make a lot of strategic sense,” Huang said.