Huawei, Intel, and an increasing number of semiconductor startups are challenging Nvidia's dominant role in the artificial intelligence (AI) processor market, according to Nvidia's chief executive Jensen Huang. The head of the world's most valuable semiconductor company believes that companies like Huawei do not care whether Nvidia is U.S. based or not, they just compete for AI processor market from everywhere.
According to a Bloomberg report, Huang believes that Nvidia has a lot of competitors both inside and out of China and that competitors don't really care where Nvidia is operating. They will compete with Nvidia in every location.
Since Nvidia can no longer sell A100, A800, H100, H800, L40, L40S, and GeForce RTX 4090 products to China due to the U.S. export regulations, the company is working with the U.S. government to come up with AI and HPC GPUs that it could sell it its Chinese clients.
"Nvidia has been working very closely with the U.S. government to create products that comply with its regulations," said Huang in a Reuters report. "Our plan now is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits."
"[China is] capable of doing very bad things, and we are going deny the entire country this class of equipment," said Raimondo at the Reagan National Defense Forum, as reported by Jordan Schneider of Chinatalk. "We cannot let China get these chips. […] America leads the world in artificial intelligence. […] We are a couple years ahead of China. No way are we going to let them catch up. We cannot let them catch up. So we are going to deny them our most cutting edge technology."
"Democracy is good for your business," Raimondo said. "Rule of law, here and around the world, is good for your businesses. It might make for a tough quarterly shareholder call, but in the long run, it is worth you working for us to defend our national security."
