Nvidia China Market Share Collapse from US Export Restrictions

Nvidia CEO Jensen Huang stated that the company's market share of AI accelerators in China has dropped to zero due to US export restrictions, and declared that US export policy has 'largely backfired.' This comes as China ordered companies to ignore US sanctions against oil refiners, signaling broader pushback against American economic restrictions.

Sources

• Jensen Huang said Nvidia's market share of AI accelerators in China has "now dropped to zero" and that US export policy "has already largely backfired" (Anton Shilov/Tom's Hardware) Techmeme · Global
• China says to ignore US sanctions even as Trump visit nears South China Morning Post · China

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