Overview
- The Financial Times reported that Jensen Huang said in London that “China is going to win the AI race.”
- Hours later Nvidia issued an official statement quoting Huang that “China is nanoseconds behind America in AI” and that “it’s vital that America wins by racing ahead and winning developers worldwide.”
- U.S. policy remains unchanged, with the White House indicating it will not allow Nvidia’s newest Blackwell chips to be sold in China on national security grounds.
- Huang has argued China’s lower energy costs and lighter regulation could accelerate its AI buildout, while his lobbying for eased curbs included a reported revenue‑sharing plan that has not restored access.
- Nvidia shares slid late Wednesday after the initial report and were modestly higher Thursday morning following the clarification.