AI China Curbs Weaken America’s Position, Nvidia CEO Jensen Huang Says

Trump-administration policy that restricts the sale of Nvidia products to China “weakens America’s position,” CEO Jensen Huang said Wednesday.

Huang’s comments came during a conference call after chip giant Nvidia (NVDA) reported its latest financial results—which included a multibillion dollar hit to revenue and a ding to earnings associated with export curbs on the company’s H20 chips to China. (Read Investopedia’s live coverage of Nvidia’s results here.) They follow a mid-May trade…