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  • 5/20/2025
Nvidia CEO Jensen Huang criticized U.S. chip export controls in a Computex 2025 interview, calling them “exactly wrong for America.” Huang said that the company walked away from $15 billion in potential China sales and wrote off $5.5 billion in inventory due to restrictions on its H20 chip. Huang said Chinese AI researchers are “world-class” and warned that locking U.S. companies out of China, home to half the world’s AI developers, undermines U.S. competitiveness. He urged that American companies be allowed to compete in China to reduce the trade deficit and boost U.S. jobs and tax revenue. Huang’s remarks follow escalating U.S.-China tensions over technology exports, especially AI chips. He warned that barring U.S. firms from China’s emerging $50 billion AI market could result in major financial losses.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Video CEO Jensen Wong criticized U.S. chip export controls in a Computex 2025 interview,
00:08calling them exactly wrong for America.
00:10Wong said that the company walked away from $15 million in potential China sales
00:13or up $5.5 billion in inventory due to its restrictions on H2O chips.
00:18Wong said Chinese AI researchers are world-class
00:20and were the locking U.S. companies out of China,
00:23home to half the world's AI developers, undermines U.S. competitiveness.
00:26Here's that American companies be allowed to compete in China to reduce the trade deficit
00:31and boost U.S. jobs and tax revenue.
00:33Wong's remarks follow escalating U.S.-China tensions over technology exports,
00:37especially AI chips.
00:39More than borrowing U.S. firms from China's emerging $50 billion AI market
00:42could result in major financial losses.
00:45For all things money, visit Benzinga.com slash GSTV.

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