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Nvidia CEO downplays U.S. fears that China's military will use his firm's chips
CNBCยท 2025-07-14 04:54
Group 1 - Nvidia CEO Jensen Huang downplayed U.S. concerns regarding the use of Nvidia chips by the Chinese military, stating that China cannot rely on U.S. technology for military purposes [1][2] - Huang criticized U.S. export control policies, arguing they are counterproductive to U.S. tech leadership and that American technology should be available in all markets, including China, to maintain global AI leadership [2][3] - Recent U.S. restrictions on Nvidia's sales to China are expected to result in significant financial losses, with Nvidia's market share in China reportedly cut nearly in half due to these restrictions [4] Group 2 - Huang's upcoming trip to China is his second this year, and Nvidia is reportedly developing a new chip that complies with the latest export controls [4] - The CEO's meeting with U.S. President Donald Trump highlighted the delicate balance Nvidia must maintain between U.S. regulations and potential market access in China [5][6] - Concerns were raised about the use of Nvidia technology in China's military applications, particularly regarding the DeepSeek startup, although Huang stated there is no evidence of immediate danger [7][8]