US-China chip tensions threaten tech sector, warns Nvidia CEO.
TL;DR Summary
The CEO of chipmaker Nvidia, Jensen Huang, has warned that the US risks causing "enormous damage" to its tech industry if it continues to restrict trade with China. Huang said that if China cannot buy from the US, it will build the technology itself, and urged Washington to be "thoughtful" before imposing further restrictions. He added that there would be "enormous damage to American companies" if they could not trade with China, and that Chinese companies were starting to build chips to rival Nvidia's products for AI, gaming and graphics.
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