Overview

• CEO Jensen Huang says US export controls have effectively closed the $50 billion Chinese market to US AI firms
• Nvidia’s share of China’s AI chip market fell from 95% to 50% over four years, prompting consideration of a compliant, China-specific design
• The company reported 69% revenue growth last quarter driven by robust global demand for its AI equipment despite lost China sales
• Huang warns that restricting exports risks ceding global AI leadership by pushing developers toward non-US technology stacks
• China’s 'Made in China 2025' program has provided over $150 billion in support, accelerating domestic AI chip development by firms such as Huawei