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US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT

“We can theoretically build chips outside of Taiwan, it’s possible [but] the China market cannot be replaced. That’s impossible,” Huang told FT


Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas, Nevada, US
Nvidia chief Jensen Huang is hugely popular in Taiwan and has received a rock star welcome during his visit to Taipei. Photo: Reuters

 

US chipmaker Nvidia’s chief Jensen Huang told the Financial Times in an interview that the Biden Administration’s ongoing chip war with China could cause “enormous damage” to US technology companies.

Huang stressed that the Chinese market was crucial to Silicon Valley, which has no “contingency” for being “deprived of the Chinese market”, adding that prohibiting American companies from accessing the Chinese market would cut the $52-billion US CHIPS Act off “at the knee”.

“We can theoretically build chips outside of Taiwan, it’s possible [but] the China market cannot be replaced. That’s impossible,” Huang told FT.

Read the full story: Financial Times

 

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China’s Micron Ban Adds to Asian Chipmakers’ Investment Woes

 

US Chip Sanctions Have Hardly Impacted China’s AI Capability

 

US-China Rivalry May Spur Decoupling of Chip Sector – BBC

 

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]