Nvidia CEO says US export controls on AI chips are a ‘failure’

Nvidia CEO says US export controls on AI chips are a 'failure' Nvidia CEO says US export controls on AI chips are a 'failure'

TAIPEI — Nvidia CEO Jensen Huang says U.S. export controls on AI chips to China are a “failure,” as they have only motivated the country to develop its own solutions and allowed Chinese players to secure a bigger share of their massive home market.

The head of the American chip giant told reporters in Taipei on Wednesday that Nvidia had lost a lot of market share in China in recent years.