Jensen says Nvidia now has 'zero percent' market share in China — says US export policy 'has already largely backfired'
Nvidia CEO Jensen Huang stated that the company's market share in China's AI accelerator market has dropped to zero due to U.S. export restrictions. He argued that the policy has largely backfired by pushing China toward self-reliance while removing American presence from a critical market. Huang emphasized that continued U.S. engagement in China would better serve American technological influence and global competitiveness.
- ▪Nvidia's market share in China's AI accelerator market has fallen to zero, according to CEO Jensen Huang.
- ▪U.S. export restrictions on advanced chips are cited as a primary reason for Nvidia's loss of market presence in China.
- ▪Huang warned that the policy may be counterproductive, accelerating China's development of domestic AI technologies.
- ▪China possesses significant AI talent, low-cost energy, and a large base of science and math experts, making it a strong competitor in AI.
- ▪Chinese companies like Huawei, Cambricon, Moore Threads, and MetaX are advancing local AI hardware and software solutions.
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Tech Industry Artificial Intelligence Jensen says Nvidia now has 'zero percent' market share in China — says US export policy 'has already largely backfired' News By Anton Shilov published 3 May 2026 US export restrictions bite. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Nvidia) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Nvidia CEO Jensen Huang said that the company's market share of AI accelerators in China has now dropped to 0%.
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