Nvidia CEO Jensen Huang says the company has largely conceded China’s advanced AI chip market to Huawei due to U.S. export restrictions
Huang noted substantial demand in China and growth for local suppliers.
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Jensen: 'The demand in China is quite large. Huawei is very, very strong. They had a record year, they’ll likely, very likely, have an extraordinary year coming up, and their local ecosystem of chip companies are doing quite well, because we’ve evacuated that market. We’ve really largely conceded that market to them.'
4:30 PM · May 21, 2026 · 3.2K Views
Andrew Curran@AndrewCurran_Jensen: 'The demand in China is quite large. Huawei is very, very strong. They had a record year, they’ll likely, very likely, have an extraordinary year coming up, and their local ecosystem of chip companies are doing quite well, because we’ve evacuated that market. We’ve really largely conceded that market to them.'
4:30 PM · May 21, 2026 · 3.2K Views
4:31 PM · May 21, 2026 · 883 Views