← May 4, 2026 briefing
Nvidia's China Market Share Falls to Zero
Tech

Nvidia's China Market Share Falls to Zero

US export controls have wiped out Nvidia's entire China market share, CEO Jensen Huang has acknowledged — and he argues the restrictions have backfired by turbocharging China's domestic chip industry. Huawei's Ascend 910B and 910C chips are now competing directly with Nvidia hardware, while China's domestic chip production grew 14% in 2024.

Sources

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