China, US ‘very, very close’ in the chip race, says Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang stated Wednesday that China is ‘not behind’ in artificial intelligence and that Huawei is “one of the most formidable technology companies in the world”. When speaking to reporters at a technology conference in Washington DC, Huang said the gap between China and the US is minimal.

Huawei, currently on a US trade blacklist, is reportedly developing its own AI chip for the Chinese market. Huang said the company has made “enormous progress in the last several years”.