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Jensen Huang celebrates lift on some GPU export bans, labels them a “failure”

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  • Nvidia lost around $5.5 billion in costs and $15 billion in revenue due to H20 export bans
  • CEO Jensen Huang celebrates Trump’s decision to reverse some restrictions
  • The AI market in China could reach $50 billion this year

Nvidia CEO Jensen Huang has criticized the US AI chip export controls to China, calling them a “failure” that ultimately ended up costing American businesses billions.

Speaking at this year’s Computex event, the leader praised Trump’s move to modify the Biden-era export curbs (via Reuters), stating that “President Trump realizes it’s exactly the wrong goal.”

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