Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market
Publishing timestamp: 2025-05-28 23:13:03
Summary
Nvidia reported strong quarterly results but expressed frustration over not being able to sell AI chips to China due to export controls, resulting in billions of dollars in lost revenue. CEO Jensen Huang criticized the restrictions and highlighted the impact on both Nvidia and the U.S. as a whole. Despite the challenges, Nvidia's stock rose in extended trading. Huang expressed trust in President Trump's vision but admitted that Nvidia currently has no alternative solution to the China issue.
Sentiment: MIXED
Tickers: NVDA,
Keywords: nvidia corp, donald trump, business news, breaking news: technology, business, china, technology, donald j. trump, apple inc, united states, mobile,
Source: https://www.cnbc.com/2025/05/28/nvidia-ceo-hammers-chip-controls-that-effectively-closed-china-.html