Jensen Huang says it would be a ‘tremendous loss’ for Nvidia to lose access to ‘$50 billion’ China AI market

Nvidia CEO Jensen Huang has said it would be a “tremendous loss” for his chip company to lose access to a rapidly growing AI market in China that he estimates to soon be worth $50 billion.

In an interview with CNBC on Tuesday, the Nvidia boss addressed concerns about the growing restrictions facing his company as the US government seeks to clamp down on the sale of its high-performing AI chips to China.

According to Huang, “China is a very large market” that will…