TECH - NVIDIA CEO Acknowledges Huawei As A Potential Competitor In AI Chipmaking | Benzinga
In a recent development, NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang has acknowledged the stiff competition in the AI chip market, identifying Huawei Technologies Co. as a significant contender.
What Happened: As per a Bloomberg report, Huang, while in Singapore for discussions with Prime Minister Lee Hsien Loong, accepted the growing competition in the AI segment. He pointed out Huawei, Intel Corp., and an array of semiconductor startups as major rivals.
Huawei, headquartered in Shenzhen, has emerged as China’s top chip technology proponent, astonishing the industry this year with a sophisticated domestically-produced smartphone processor.
“We have a lot of competitors, in China and outside China,” Huang informed the press.
He further stated that NVIDIA, whose AI chips have become a coveted asset in the AI surge, faces competition everywhere it functions.
See Also: Apple Watch’s Fall Detection Feature Saves Another Life — This Time A Hiker
Huang also addressed the U.S.-imposed trade restrictions on the sale of their AI chips to China. He reiterated that NVIDIA would continue to abide ...