Nvidia CEO Huang says he’s disappointed by China chip curbs

LONDON AP The CEO of Nvidia which faces tight restrictions on selling its chips to China amid the U S -China battle over pact and tech explained he s disappointed about the situation Jensen Huang disclosed he expects to discuss the issue with President Donald Trump at a state banquet hosted by the British cabinet that they ll be attending on Wednesday night Santa Clara California-based Nvidia the world s largest part valuable company is restricted from exporting its largest part advanced chips which are in demand for advancing artificial intelligence to China This week Beijing regulators also targeted the company accusing it of antitrust breaches stemming from a acquisition of an Israeli tech company Adding to the problems the Financial Times communicated Wednesday citing unnamed sources that China s internet regulator is banning domestic tech companies from buying an Nvidia chip model tailored for the local region Appealed about the record at a media briefing in London Jensen Huang disclosed he didn t have a reaction but added I think that we could only be in organization of a territory if the country wants us to be China is the world s second biggest AI computing industry and Nvidia has contributed more than most of companies he announced I m disappointed with what I see but they have larger agendas to work out you know between China and the United States and I m understanding of that and we re case about it he commented Huang reported the company will continue to be supportive of both governments as they sort through these geopolitical policies adding there s not very much anxiety there Huang noted he hasn t yet spoken to Trump about the latest developments but I ll see him tonight and he ll supposedly ask me I ll supposedly say something similar The CEO is visiting London at same time as Trump to unveil a flurry of new investments that coincide with the president s visit including a deal to supply tens of thousands of its processor chips for material centers that will be part of the U K arm of Stargate a Trump-backed AI infrastructure project led by OpenAI Source