Huang Breaks Silence On Beijing Move Targeting Nvidia AI Chips

Benzinga
2025.09.18 11:48
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Nvidia's CEO Jensen Huang addressed challenges regarding the company's operations in China after reports of a ban on its AI chips by the Cyberspace Administration of China. Despite the ban, Nvidia's stock rose by 2.97% to $175.35. Huang expressed disappointment over the ban, emphasizing Nvidia's contributions to China's tech industry. The U.S. government has already restricted exports of high-end AI chips, and Nvidia generates 20-25% of its revenue from China. The company also announced a $15 billion investment in U.K. AI infrastructure.