Nvidia’s Jensen Huang Criticizes US Over Losing China Market Share

Nvidia’s CEO, Jensen Huang, has expressed deep concerns regarding the company’s dwindling presence in the Chinese market. He revealed that Nvidia’s market share in China has plummeted from 95% to virtually zero.

Jensen Huang’s Critique of U.S. Policies

During a recent discussion at the Citadel Securities Future of Global Markets 2025 event, Huang stated, “At the moment, we are 100% out of China.” He highlighted that current policies have led to a significant loss of access to one of the largest markets globally.

Nvidia’s Financial Outlook

Huang emphasized that Nvidia now includes zero revenue from China in its financial forecasts. “If there are any shareholders out there, we’re assuming zero for China,” he mentioned. He added that any positive developments in China would be considered an unexpected bonus.

China’s Role in the Technology Landscape

China is acknowledged as the world’s second-largest computer market. Huang warned that restricting access to China could have detrimental effects on both the United States and China.

• China’s vibrant technology ecosystem is crucial for global markets.
• Huang indicated that not engaging with China could be a significant oversight by U.S. policymakers.

Impact of Geopolitical Tensions

Nvidia’s challenges stem from rising U.S.-China technology tensions. Recent reports indicate that Chinese companies, including ByteDance and Alibaba, have been directed to halt orders for Nvidia’s AI chips. This shift reflects broader regulatory measures imposed by China, which cite security concerns.

Chinese regulations have also highlighted the growing capabilities of domestic firms like Huawei and Cambricon, which now pose a competitive threat to Nvidia’s offerings.

Consequences for U.S. Chipmakers

The repercussions of these geopolitical tensions extend beyond Nvidia. Micron Technology announced its exit from the Chinese data center market following a sales ban earlier this year. Analysts believe the ongoing trade conflict is propelling China’s focus on self-sufficiency, diminishing the market position of U.S. companies.

Huang has previously warned that while temporary restrictions might hinder China’s technological advancements, the long-term consequences could be more harmful to American firms.

Nvidia’s Position in the Market

Despite these challenges, Nvidia remains strong in growth metrics. According to recent stock rankings, it ranks in the 97th percentile for growth in comparison to other semiconductor leaders.