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  • 6 months ago
Nvidia CEO Jensen Huang downplayed U.S. concerns that his company’s chips could support China’s military, according to CNBC. Huang told CNN that Chinese forces “can’t rely” on U.S.-made technology due to its vulnerability to export restrictions. Huang argued that China has sufficient domestic computing power and doesn’t need Nvidia chips. He added that the U.S. should aim for global tech leadership by engaging with all AI developers, including those in China. His comments come ahead of a trip to China and follow U.S. export controls that slashed Nvidia’s market share in the country. Huang also reportedly met with Trump last week and was warned by lawmakers to avoid entities linked to China’s military. Analysts say Huang is carefully balancing political tensions while preserving Nvidia’s access to the Chinese market.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:03NVIDIA CEO Jensen Huang downplayed U.S. concerns that his company's chips could support China's
00:07military, according to CNBC. Huang told CNN that Chinese forces can't rely on U.S.-made technology
00:14due to its vulnerability to export restrictions. Huang argued that China has sufficient domestic
00:19computing power and doesn't need NVIDIA chips. He added that the U.S. should aim for global
00:24tech leadership by engaging with all AI developers, including those in China. His comments come
00:30ahead of a trip to China and follow U.S. export controls that slashed NVIDIA's market share
00:35in the country. Huang also reportedly met with Trump last week and was warned by lawmakers
00:39to avoid entities linked to China's military. Analysts say Huang is carefully balancing political
00:44tensions while preserving NVIDIA's access to the Chinese market. For all things money, visit
00:49Benzinga.com.
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