Nvidia CEO Says China Market Share Fell From 95% to Zero After U.S. Sanctions

Nvidia CEO Jensen Huang says U.S. export restrictions have completely wiped out the company’s presence in China, reducing its market share there from 95% to zero.
Speaking in an interview with Citadel Securities, Huang said the U.S. government’s tough trade measures against China have «essentially closed» the Chinese market to Nvidia — once one of its most profitable regions.
«We went from 95% market share to 0%. I can’t imagine any policymaker thinking that’s a good idea,» Huang said.
He warned that Washington’s chip restrictions could hurt U.S. innovation more than China’s technological ambitions.
«Before we leap towards policies that are hurtful to other people, take a step back and reflect on what policies are helpful to America,» he added.
According to Tom’s Hardware, China previously made up 20–25% of Nvidia’s data-center revenue, but the company’s latest forecasts show «zero» expected income from the region.
Nvidia had earlier developed lower-performance chips to meet U.S. export rules, but even those sales have stalled as Beijing discouraged state-backed firms from buying the modified models, reports the South China Morning Post.
Huang cautioned that isolating China, where nearly half of the world’s AI researchers are based, could weaken U.S. leadership in the global AI race.
The comments highlight growing concern in Silicon Valley that U.S. export controls, while meant to safeguard national security, may end up driving innovation and market growth elsewhere.