**NVIDIA’s CEO Jensen Huang Comments on Loss of China Market Share During Biden Administration**
NVIDIA’s China AI market has been shrouded in uncertainty for quite some time, largely due to the restrictions the company has faced under both the Biden administration and the current U.S. government policies. While NVIDIA’s Ampere and Hopper lineups did not encounter significant barriers initially— with AI chips like the A100 and H100 being supplied to Beijing without export controls — the landscape changed once AI became mainstream. Restrictions introduced during the Biden administration gradually took effect, significantly hindering NVIDIA’s business in China.
Speaking to the media, CEO Jensen Huang made a striking statement regarding the company’s market share in China during the Biden era:
*“Today, we have 0%. At the beginning of the Biden administration, we had 95%. The policies of that administration really caused us to lose practically the entire China market. I would guess that China is probably something like $35 to $50 billion a year to us if we are fully in that market today. By the end of the decade, it’s probably well over $100 billion. It’s quite substantial, but at the moment, it’s zero.”*
Huang’s comments likely allude to policies similar to the AI Diffusion Act, which sought to regulate the flow of American technology based on geopolitical considerations. When this legislation was proposed, NVIDIA publicly opposed it in a dedicated blog post.
In response to escalating export controls, NVIDIA launched the H20 AI chip specifically for China to comply with new restrictions. Additionally, the company manufactured a tailored version of its consumer GPU, the RTX 5090D, to meet regional market demands. However, NVIDIA’s declining market share is not solely attributed to the Biden administration.
Under the Trump administration, NVIDIA faced its own set of challenges: the H20 AI chip sales in China were temporarily halted and only resumed after NVIDIA agreed to a “revenue sharing” model with the U.S. government.
Moreover, strained U.S.-China trade relations led to setbacks on the Chinese side as well, with domestic regulators reportedly encouraging Chinese Big Tech firms to avoid using NVIDIA’s AI chips.
While the veracity of Jensen Huang’s specific claims is a separate discussion, the current state of the market is clear—NVIDIA currently has no foothold in China’s AI chip sector. Huang is optimistic about reentering the market, particularly with NVIDIA’s upcoming Blackwell architecture, but time is running out for the company to regain traction in this critical region.
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*Stay tuned for more updates on NVIDIA’s strategies and the evolving U.S.-China tech landscape.*
https://wccftech.com/biden-administration-policies-led-to-a-0-market-share-in-china-claims-nvidia-jensen-huang/
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