US export controls on AI chips to China were ‘a failure’ says Nvidia Chief

New Delhi [India] May 21 (ANI): According to Nvidia Chief Executive Jensen Huang, US export controls on artificial intelligence chips to China were “a failure”, reported by Reuters.

“All in all, the export control was a failure,” Huang said, adding, “The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, has been proven to be fundamentally flawed.”

He argued that these controls, based on flawed initial assumptions, have instead pushed Chinese companies to purchase chips from domestic firms like Huawei and spurred China to aggressively build its own independent semiconductor supply chain.