Nvidia CEO: Huawei Will Thrive If U.S. Maintains Semiconductor Restrictions
Nvidia CEO Jensen Huang stated that Huawei will thrive in China’s semiconductor market if the U.S. maintains export restrictions. Huawei’s CEO acknowledged the technological gap with U.S. firms, stressing efforts are necessary to improve.
Nvidia’s CEO, Jensen Huang, stated on Thursday that if the United States persists in imposing restrictions on AI semiconductor exports to China, Huawei will significantly benefit from this dynamic. Speaking at the Viva Technology conference in Paris, Huang emphasized, “Our technology is a generation ahead of theirs.” He further remarked, “If the United States doesn’t want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else covered.”
The comments come as the U.S. continues to enforce export controls that limit Chinese companies’ access to advanced semiconductors critical for AI development. In response, China is focusing on strengthening its domestic companies, including Huawei, aiming to create its very own AI chip market. This shift is seen as part of China’s broader strategy to reduce its dependence on foreign technology.
Huawei’s CEO, Ren Zhengfei, recently acknowledged in an interview with the People’s Daily that while Huawei is making progress, it still trails behind American firms by a generation in chip technology. Ren stated, “The United States has exaggerated Huawei’s achievements. Huawei is not that great. We have to work hard to reach their evaluation,” a remark that underscores the challenges Huawei faces amid intense competition and regulatory hurdles.
As Huawei seeks to capitalize on the situation, experts are watching closely how this affects the global semiconductor landscape. The tension between U.S. and Chinese tech businesses raises numerous questions about innovation and access to cutting-edge technologies in a divided market. This is a breaking news piece, and updates will be provided as more information emerges.
In summary, Nvidia’s Jensen Huang highlights Huawei’s advantage in light of ongoing U.S. restrictions on AI semiconductors. Amidst U.S. export controls, China is nurturing its domestic tech firms like Huawei, which aims for greater self-sufficiency in AI chip production. However, Huawei’s CEO acknowledges the technological gap with U.S. companies, calling for increased efforts to catch up. The implications for the semiconductor industry are significant as tensions between the U.S. and China continue to evolve.
Original Source: www.cnbc.com
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