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Nvidia says US export controls on AI to China were ‘a failure’

By Thomson Reuters May 20, 2025 | 8:53 PM

TAIPEI (Reuters) -U.S. export controls on artificial intelligence to China were a failure, Nvidia Chief Executive Jensen Huang said on Wednesday.

Speaking at the annual Computex event in Taipei, Huang said Nvidia’s market share in China dropped to 50%, from 95% at the start of former U.S. President Joe Biden’s administration.

(Reporting By Max Cherney and Wen-Yee Lee in Taipei; Editing by Anne Marie Roantree and Tom Hogue)