Jensen says Nvidia now has 'zero percent' market share in China — says US export policy 'has already largely backfired'

Jensen Huang said Nvidia’s direct AI chip sales in China have dropped to zero under U.S. export controls.

He argued the policy may be backfiring by accelerating China’s push for self-sufficiency in AI hardware and software.

Chinese firms including Huawei, Cambricon, Moore Threads and MetaX are rapidly building domestic alternatives.

The shift underscores how chip restrictions could reshape the global AI race while closing off a key market for U.S. companies.