Nvidia CEO Critiques Chip Export Policy While Praising Trump’s Tech Vision
Nvidia CEO Jensen Huang is walking a diplomatic tightrope after his company reported a $4.5 billion inventory write-down due to new U.S. export controls targeting AI chip sales to China.
The policy, enacted under President Trump, has forced Nvidia to halt shipments of its advanced H20 chips to one of its largest markets, dealing a projected $10.5 billion blow to revenue in the first half of 2025.
Speaking on the company’s earnings call, Huang didn’t mince words about the policy’s consequences. “The U.S. has based its policy on the assumption that China cannot make AI chips. That assumption was always questionable, and now it’s clearly wrong,” Huang said. He warned that current restrictions could inadvertently drive global AI talent and innovation away from U.S. platforms and into the hands of foreign rivals.
However, Huang was careful not to directly criticize President Trump, instead referring generally to “U.S. policy” while later pivoting to praise the president’s broader vision. “President Trump has outlined a bold vision to reshore advanced manufacturing, create jobs, and strengthen national security,” he stated, expressing support for collaborative AI investment projects involving the U.S. and the UAE, which include expanded use of Nvidia chips.
The earnings call also touched on the AI Diffusion Rule, a legacy of the Biden administration, which further limits the export of cutting-edge AI technologies. While Huang didn’t comment extensively, its mention underscores the increasingly complex regulatory landscape facing U.S. tech giants operating in global markets.
Caught between policy pressure and geopolitical realities, Nvidia’s balancing act reveals the difficult path forward for American tech firms seeking to maintain both compliance and competitiveness in a divided world.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
