NVIDIA’s China market share drops to zero
NVIDIA chief executive Jensen Huang stated that the company’s share of China’s AI market has plummeted from 95 percent at the start of the Biden administration to effectively zero today. He attributed the collapse to U.S. export controls enacted as artificial intelligence gained prominence, which restricted the sales of high-end chips, such as the A100 and H100, to Chinese customers.
Huang estimated that full access to China’s AI market could generate between 35 billion and 50 billion dollars annually for NVIDIA, with the potential to exceed 100 billion dollars by the end of the decade. In response to earlier restrictions, NVIDIA developed China-specific chips, such as the H20 for data centers and the RTX 5090D for consumers. However, even those faced hurdles—sales of the H20 were briefly halted under the Trump administration until NVIDIA agreed to a revenue-sharing arrangement.
Compounding the issue, Chinese regulators have increasingly steered domestic tech firms away from NVIDIA hardware. Despite these challenges, Huang expressed hope that NVIDIA’s next-generation Blackwell platform might eventually gain entry into the region, though no progress has been made so far.
