Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry
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Huawei’s current Rotating Chairman and Deputy Chairman Xu Zhijun said during an interview that the company is thankful for the pressure that the U.S. has applied on it and China, in general.
Key facts
But even then, President Donald Trump enacted a complete export ban during his second term, forcing Nvidia to write-off $5.5 billion in GPUs and costing AMD $800 million in sales
In 2022, President Joe Biden enacted export controls on AI GPUs, banning China-based firms from acquiring powerful hardware like the Nvidia A100 and H100, as well as AMD Instinct MI250 and MI250X
True enough, Nvidia’s AI chip market share in China has fallen to “zero percent,” compared to the 95% it previously held before the AI chip bans
But they are also grateful to the US for enabling their country’s semiconductor industry chain to truly grow,” the Huawei Rotating Chairman said
Summary
U.S. government plans tariff exemptions for TSMC. Nvidia wants China's market share to secure the future of CUDA in the region. “If the United States hadn’t forced our country, our companies, and our industry, we wouldn’t have done something like this. But we are also grateful to the US for enabling our country’s semiconductor industry chain to truly grow,” the Huawei Rotating Chairman said. In 2022, President Joe Biden enacted export controls on AI GPUs, banning China-based firms from acquiring powerful hardware like the Nvidia A100 and H100, as well as AMD Instinct MI250 and MI250X chips. But even then, President Donald Trump enacted a complete export ban during his second term, forcing Nvidia to write-off $5.5 billion in GPUs and costing AMD $800 million in sales.
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