Nvidia's market share in China has come down to zero, says Jensen Huang (Photo: X/Nvidia) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The ongoing trade war between the United States and China, which escalated further earlier in the month, has hurt many US companies, with Nvidia being one of the leading victims. That was confirmed by co-founder and CEO Jensen Huang, who admitted that the company's market share in the advanced AI chip segment in China has fallen from 95% to zero.
This comes on the back of several trade restrictions, import tariffs and a crackdown on China since 2022, effectively wiping one of Nvidia's biggest export markets. Speaking at Citadel Securities’ Future of Global Markets 2025 event in New York on Oct. 6, Huang said, “At the moment, we are 100%