Investing.com -- NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang pushed back on concerns that the company’s advanced artificial intelligence (AI) chips are being diverted to China, saying there is no evidence of such activity. Speaking to Bloomberg News during a visit to Taipei, Huang emphasized the scale and complexity of Nvidia’s hardware, making it impractical to reroute discreetly. Advertisement: High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. “There’s no evidence of any AI chip diversion,” Huang said. “These are massive systems. The Grace Blackwell system is nearly two tons, and so you’re not going to be putting that in your pocket or your backpack anytime soon.” He added that Nvidia’s customers are aware of export regulations and are committed to compliance. “Everybody would like to continue to buy Nvidia technology. And so they monitor themselves very carefully and they’re quite careful about that.” The comments come as the Biden administration’s export restrictions on high-end AI chips to China are set to be reversed by U.S. President Donald Trump. The so-called AI diffusion rules were intended to curb indirect shipments of American technology into the Chinese market via third countries. Trump’s decision to unwind those rules signals a significant policy shift aimed at broadening U.S. tech influence. “Limiting American technology around the world is precisely wrong. It should be maximising American technology around the world.” Nvidia’s systems, which include as many as 72 GPUs and 36 processors, are typically sold as complete integrated units costing millions of dollars, often to governments and major cloud providers like Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META). Related articles Nvidia’s Huang sees no evidence of AI chip leakage to China How competition among ASIC service providers can help Google save billions in TPU BT set to sell TNT Sports stake to Warner Bros Discovery – FT View Comments
Nvidia’s Huang sees no evidence of AI chip leakage to China
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...