Overview
- Hours after being quoted by the Financial Times saying China would win, Huang issued a statement saying China is “nanoseconds behind” the U.S. and that America must “race ahead” by winning developers.
- U.S. policy remains unchanged as the White House says Nvidia’s most advanced Blackwell chips will not be approved for sale to China.
- Beijing is conducting a national‑security review and steering state‑funded data centers away from foreign chips, and Huang says Nvidia’s market share in China has fallen to zero.
- Nvidia shares fell after the FT report and then partly recovered following the clarification, with the company still valued among the world’s most valuable.
- A House committee renewed scrutiny of Nvidia, highlighting its past co‑location with Huawei affiliate Futurewei as it questioned the company’s ties related to China.