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Nvidia Jensen CEO Jensen said on Wednesday that China is “lagging behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world”.
Speaking to the journalists at the technological conference in Washington, Colombia District, Juan said China could “immediately” behind the United States, but this is a narrow gap.
“We are very close,” he said. “Remember it’s a long -term, endless race.”
Over the last few years, Nvidia has become key to the global economy as it causes the chips that run in most AI’s latest applications. The company faces growing obstacles in the US, including tariffs and expected regulation of the Biden era, which would limit the shipment of the most advanced chips in many countries.
The Trump administration this month restricted the shipment of H20 Nvidia china without a license. This technology related to the bunker chips used in the rest of the world has been designed to fulfill previous US exports. Nvidia said it would be required as a result of $ 5.5 billion.
According to the Huawei, which is on the US trading list, works on chip II of your own for Chinese customers.
“They are incredible in computing and network technologies, all these important opportunities for promoting the II,” Juan said. “They have made great progress over the past few years.”
Nvidia has started that the US policy should focus on making its companies competitive, as well as restrictions on chips in China and other countries threatening US technology leadership.
Juan again urged the US government to focus on AI policy, which accelerates technology development.
“This is the industry we have to compete,” Juan said.
President Trump on Wednesday called Juan “my friend Jensen” by pleasing the recent announcement of the company that he planned to build $ 500 billion in the II infrastructure over the next five years.
Juan said he believes that Nvidia would be able to produce artificial intelligence devices in the US. The company stated earlier this month that it would collect AI servers with its Foxconn production partner near Houston.
“With the willpower and resources of our country, I am sure we can produce on the shore,” Juan said.
This year, Nvidia’s stock decreased by more than 20%, sliding along with a wider market, after the almost triple value last year. On Wednesday, the shares fell by almost 3%.
