"Just weeks ago, China's internet regulator, the Cyberspace Administration of China (CAC) announced a ban on large Chinese tech firms purchasing Nvidia chips. The ban follows a broader effort by Chinese lawmakers to lessen dependency on foreign companies and promote domestic manufacturing -a similar goal to the worker-led " Keep it Made in America " movement of 2009. For Huang, the loss of Chinese buyers is a major threat."
""We're up against a formidable, innovative, hungry, fast-moving, underregulated [competitor]," Huang stewed. "This is a vibrant, entrepreneurial, high-tech, modern industry." "What we need to do as a country," the CEO continued, "is to enable our technology industry, which today is our national treasure... to go and proliferate the technology around the world. So that we can have the world to be built on top of American technology, so we can maximize our economic success, our geopolitical influence.""
Nvidia's enormous market value stems from AI-driven demand for its chips, but Chinese policy and industrial priorities now threaten that position. China's Cyberspace Administration banned large domestic firms from buying Nvidia chips as part of a push to reduce foreign dependency and expand domestic semiconductor manufacturing. That policy both removes a major customer base and accelerates Chinese competitor development. Jensen Huang described the Chinese competitor as fast-moving and underregulated and urged U.S. efforts to proliferate American technology globally to preserve economic success and geopolitical influence. The situation ties into a long history of U.S. economic pressure on China when China resisted Western domination.
Read at Futurism
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