Nvidia (NVDA, Financials) CEO Jensen Huang said Thursday that Huawei will dominate China's artificial intelligence market if the U.S. continues limiting access to advanced semiconductors. His remarks came during CNBC's VivaTech conference coverage in Paris.
Huang warned that by restricting AI chip sales to China, the U.S. may accelerate China's move to develop a separate technology stack. Huawei, he said, is already in position to “cover” China and much of the rest of the world if U.S. companies exit the market.
“If the United States doesn't want to partake in China, Huawei has got China covered, and Huawei has got everybody else covered,” Huang told CNBC.
While emphasizing that Nvidia's technology remains a generation ahead, Huang cautioned that allowing China to retain most of the world's AI developers could shift global momentum. “If all the AI developers are in China, [the] China stack is going to win,” he said.
The comments come amid escalating U.S.–China tech tensions. The Biden administration—now succeeded by President Donald Trump—previously moved to revoke student visas and warned against using Chinese chips. In response, China has supported domestic chipmakers like Huawei to fill the gap.
Huang added that it was his job to advise the Trump administration on how export curbs could backfire. “He has a game plan. I trust him, and we'll support him the best we can,” he said of the president.
Huawei CEO Ren Zhengfei also acknowledged this week that the company's AI chips still trail the U.S. in performance, but called on Chinese engineers to work harder.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
