US AI chip export curbs a 'failure'

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US AI chip export curbs a 'failure'
AIChipExport
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TAIPEI — Nvidia Chief Executive Jensen Huang said on Wednesday that US export controls on artificial intelligence (AI) chips to China had failed, with companies using locally developed cutting-edge technology.

TAIPEI — Nvidia Chief Executive Jensen Huang said on Wednesday that US export controls on artificial intelligence chips to China had failed, with companies using locally developed cutting-edge technology. Huang said Nvidia 's share of China's AI chip market had fallen to 50 percent from nearly 95 percent at the beginning of former president Joe Biden's administration.

Some US lawmakers feared the restrictions would have incentivized countries to go to China for AI chips, spurring the superpower's development of state-of-the-art technology. Nvidia and other chipmakers had lobbied against the curbs. Huang said Nvidia had written off 'multiple billions of dollars' due to the export controls.

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AI Chip Export Curbs 'Failure' Nvidia CEO

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