Nvidia CEO Jensen Huang stated on Wednesday that Beijing and Washington “have larger agendas to work out” as the tech giant attempts to meet the demand from businesses all over the world for its essential AI processors while navigating the complex politics of the U.S.-China trade war.
After the Financial Times revealed that China’s internet regulator had directed leading tech companies to stop buying the American company’s AI chips and to cancel any orders that were already in place, Huang was giving a speech in London.
China’s alleged action follows a Reuters story from earlier in September that said that although Beijing’s regulators had dissuaded them from buying them, big Chinese tech companies still desired more of Nvidia’s essential AI chips.
The trade war between the United States and China has affected many businesses, but Nvidia (NVDA.O) is different. Even though the world’s two biggest economies have been at odds over trade for the majority of this year, it leads the AI chip market and is given significant attention by the White House and Chinese President Xi Jinping’s administration.
Also Read;
Under an Emergency legislation, Trump Requests That the US Supreme Court Sustain Tariffs
Empowering the Youth with Innovative HR Solutions: Lawrence Lee
