Nvidia CEO Jensen Huang announced that their market share in the Chinese market, which was 95%, has dropped to 0%. The company says it withdrew from the market due to US restrictions…
Nvidia CEO Jensen Huang stated that the situation in the Chinese market has become unsustainable as a result of the embargoes imposed by the United States. Huang confirmed that he could no longer sell artificial intelligence hardware in China, saying, “We went from a 95% market share to zero.”
Speaking at the Future of Global Markets 2025 event organized by Citadel Securities, Huang emphasized that Chinese technology companies are now completely turning to domestic solutions. It was announced that due to US export restrictions, Nvidia cannot sell any high-end GPU or artificial intelligence accelerator to China. The company’s market share in China was at 95% only two years ago. However, the existing trade restrictions prevent Nvidia from offering its H100, H200, and Blackwell-based solutions to Chinese customers. Huang said, “Our revenue forecasts for China are currently zero. If we can sell again someday, that would be a bonus for us.”
The US Has Lost Its Biggest Market
On the Chinese side, local manufacturers such as Huawei and Cambricon are rapidly gaining strength. Huawei has gained a large share in the market with its Vera Rubin-based chip series, developed as a rival to Nvidia’s data center series. Additionally, Chinese companies are making national-level investments for a complete transition to domestic technology in artificial intelligence infrastructure. Huang’s statements show that the technological separation between the US and China has now reached a permanent dimension. Nvidia’s next move on the agenda is the development of the Blackwell B40 chip with restricted performance, specifically for China. However, it is uncertain whether even this model will be approved by the US. Nvidia’s withdrawal from China has caused a serious loss of revenue, not just for the company, but also in the US’s global artificial intelligence competition. In Huang’s words, “America has lost the world’s largest artificial intelligence market.”
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