Nvidia CEO Predicts China’s Dominance in AI Race Amid US Export Restrictions
Nvidia CEO Jensen Huang asserts China holds a decisive edge in the artificial intelligence race, citing lower energy costs and fewer regulatory hurdles. "The US and UK are being held back by overregulation," Huang stated at the Financial Times' Future of AI Summit. This declaration follows former President Trump's ban on Nvidia exporting its advanced Blackwell chips to China, citing national security concerns.
While Washington blocked sales to Beijing, it permitted Blackwell exports to South Korea for commercial research—a MOVE highlighting the geopolitical fragmentation of AI development. Both nations now prioritize AI as a strategic imperative, with China leveraging its operational advantages and the US relying on export controls to maintain technological superiority.
