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Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market - TL;DR CNBC

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 corpdonald trumpbusiness newsbreaking news: technologybusinesschinatechnologydonald j. trumpapple incunited statesmobile

Source: https://www.cnbc.com/2025/05/28/nvidia-ceo-hammers-chip-controls-that-effectively-closed-china-.html


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