Nvidia CEO Jensen Huang criticized U.S. export controls blocking the sale of its AI chips to China. Last month, the chipmaker noted a $5.5 billion write-down to its inventory, after the U.S. demanded companies get a license to sell their AI chips to China.

Nvidia chief Jensen Huang has condemned US export controls designed to limit China’s access to artificial intelligence chips as “a failure” that spurred Chinese rivals to accelerate development of their own products.

Nvidia CEO Jensen Huang has once again looked to highlight the huge potential AI can offer companies of all sizes in the coming months and years. Speaking at the recent Dell Technologies World 2025 event, Huang noted “AI is here - this is unquestionably the single biggest platform shift.”