Nvidia CEO Says Company Has Largely Conceded China AI Chip Market to Huawei
Nvidia CEO Jensen Huang stated that the company has largely conceded the Chinese AI chip market to Huawei. The comments came during an interview on CNBC's Squawk on the Street.
CnbcNvidia CEO Jensen Huang said the company has largely conceded China's AI chip market to Huawei. Huang made the statement during an interview with CNBC's Sara Eisen. The discussion covered Nvidia's latest earnings and the company's view of the Chinese market.
Huang addressed how Nvidia sees its position in China amid competition from domestic suppliers. He did not provide specific revenue figures or market share data during the segment. The interview also touched on other topics including the possibility of deploying data centers in space and the complexity of Nvidia's Vera Rubin AI platform.
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Nvidia may face continued pressure on China revenue from domestic competitors.
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