US chipmakers fear they are ceding China’s AI market to Huawei

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The semiconductor industry has lobbied two presidential administrations to go easy with restrictions on selling cutting-edge computer chips to China. Jensen Huang, CEO of Nvidia, the world’s leading artificial intelligence chipmaker, even traveled to the Mar-a-Lago resort in Florida this month to discuss policy with President Donald Trump.

But with the Trump administration putting new curbs on AI chip sales this week, it is clear that the industry’s pushback has failed. The fallout has set off a scramble among chipmakers to reset expectations for a…



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US chipmakers fear they are ceding China’s AI market to Huawei


The semiconductor industry has lobbied two presidential administrations to go easy with restrictions on selling cutting-edge computer chips to China. Jensen Huang, CEO of Nvidia, the world’s leading artificial intelligence chipmaker, even traveled to the Mar-a-Lago resort in Florida this month to discuss policy with President Donald Trump.

But with the Trump administration putting new curbs on AI chip sales this week, it is clear that the industry’s pushback has failed. The fallout has set off a scramble among chipmakers to reset expectations for a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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