NVIDIA CEO Jensen Huang confirmed the company’s China market share for AI accelerators fell to 0%. This figure marks a total decline from a majority share held only two years ago. Huang blamed U.S. export restrictions for the drop and claimed the policy has largely backfired.
Speaking in Taipei, Huang dismissed concerns regarding AI-driven job losses. He described the technology as a driver for new employment roles and U.S. reindustrialization.
NVIDIA is collaborating with nuclear technology firm Oklo to power energy-intensive AI data centers. The company’s expansion into physical AI and robotics is triggering stock rallies for its Asian partners. This move signals a strategic shift to expand NVIDIA’s ecosystem beyond traditional semiconductor relationships.