Nvidia Went From 95% to 0%

Nvidia CEO Jensen Huang (left) urged nuance when it comes to regulating China’s access to US technologies that are critical to developing artificial intelligence.

In an interview with Citadel Securities on Tuesday, he warned that what harms China can often harm the US, and sometimes in even worse ways. 

“Before we leap towards policies that are hurtful to other people, take a step back and maybe reflect on what are the policies that are helpful to America”, Huang said. 

His words of caution come as Nvidia processors have become hot commodities in the AI race as well as political bargaining chips in the US-China trade war. 

Huang said he’d like the world to run on US know-how, but noted about half the world’s AI researchers are in China. 

“I think it’s a mistake to not have those researchers build AI on American technology”, he added. 

Trying to strike a balance between his goal of maintaining US tech supremacy along with access to China will require nuance rather than an all-or-nothing approach, Huang said. 

But that’s not the case now, as Nvidia is “100% out of China”. 

“We went from 95% market share to 0%, and so I can’t imagine any policymaker thinking that that’s a good idea, that whatever policy we implemented caused America to lose one of the largest markets in the world", he said. 

For now, Huang told Citadel, all of Nvidia's financial forecasts assume China will remain out of the picture.

Pearly Tan-Thinaah Muralitharan's bid to  reclaim the French Open title ended in the quarter-finals on Friday, after going down 21-16, 21-16 to China's Olympic champions Chen Qing Chen-Jia Yi Fan, who are making one last campaign together before parting ways.

The world No. 2 put up a determined fight but we're unable to break the dominance of their long-time rivals, with the result likely drawing a close to an intense rivalry that ends 8-1 in favour of the Chinese pair.