Jensen Huang, the CEO of Nvidia, has referred to Huawei as China’s “single most formidable technology company.” Huang mentioned Huawei’s growing impact in artificial intelligence (AI) in an interview with the Financial Times. “We can’t assume they won’t be a factor,” he added, adding that Huawei’s position in AI is increasing year.
For years, Huawei has been at the epicenter of trade disputes between the US and China. The corporation was classified as a “national security threat” during Donald Trump’s first term, which resulted in limitations on commercial transactions. By placing Huawei on a blacklist and restricting its access to US technology in 2019, the Trump administration further exacerbated the problem.
President Joe Biden maintained these policies while tightening export restrictions on China’s semiconductor sector, specifically targeting Huawei and 140 other companies.
Ren Zhengfei, a former engineer in the People’s Liberation Army, founded Huawei in 1987. Prior to moving into telecom manufacturing, Huawei was a reseller of telephone switch equipment.
Nvidia CEO Jensen Huang says US restrictions on Huawei were ‘done poorly’
Huang also criticized US efforts to curb Huawei, stating they were “done poorly.” He told the publication: “They have conquered every market they’ve engaged”, acknowledging the company’s ability to thrive despite global restrictions.
In another news, Huang recently denied any involvement in a potential consortium to acquire a stake in Intel. Speaking at Nvidia’s annual developer conference in San Jose, California, Huang stated that neither he nor his company had been approached about such a deal.
“Nobody’s invited us to a consortium. Nobody invited me. Maybe other people are involved, but I don’t know. There might be a party. I wasn’t invited,” Huang said, dismissing the speculation.
His remarks come after a Reuters story from earlier this month that said Taiwan Semiconductor Manufacturing Co. (TSMC) was discussing a combined investment to run Intel’s plants with Nvidia, Broadcom, and AMD.
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