"Biden Administration Policies Led to a 0% Market Share in China", Claims NVIDIA’s Jensen Huang, as He Hopes for a Breakthrough in the Region
"Biden Administration Policies Led to a 0% Market Share in China", Claims NVIDIA’s Jensen Huang, as He Hopes for a Breakthrough in the Region
Today, we have 0%. At the beginning of the Biden administration, we had 95%. The policies of that administration really caused us to lose practically the entire China market. - NVIDIA CEO Jensen Huang
The article says that both Biden's and later, Trump's policies have decreased NVIDIA's market share. He's really phrasing it in a favorable way to Trump. Like, the same way, you could say the following, "At the beginning of the Obama administration, we had zero deaths from COVID. Now, we have millions." Just skip over the part that is inconvenient for propaganda, right?
However, the loss of NVIDIA's market share in China isn't only attributed to the previous administration, since under President Trump, Team Green had to halt the sales of its H20 AI chip temporarily, and they were resumed only after the firm agreed on a 'revenue sharing' model with the Trump government. More importantly, with US-China trade relations being influenced, NVIDIA also suffered a significant setback from China, as domestic regulators and authorities began persuading Chinese Big Tech companies not to use Team Green's AI chips.
Also, Jensen Huang's statement betrays an insane naivete about China. Newsflash: China always tries to take international industry and make a domestic Chinese version. If you have a 95% share of something in China and you're a foreign company, that simply means it's related to some fresh technology, or that it's virtually worthless. If it is believed to have value, China will have their own stuff before you know it, and don't expect IP laws like patents or copyright to slow them down. They don't give a shit about that stuff for foreign companies.
I think it’s a great sign when when megabillionaires brazenly lie about the emperor’s new clothes and nobody in the media is allowed to point it out
Trump is gearing up to sell out America's greatest technological edge over China (AI infrastructure) in order to sell more soybeans.
It's already a done deal I believe.
Jensen... c'mon, bud. Take those old orange balls out of your fucking mouth.
But he needs to pay for the whale leather coat!
Is that an actual thing? Nvm not gonna Google. I WANT TO BELIEVE!
But keeping them there just makes good business sense.
They'll repeat it often enough that Trump will believe it's he idea and it will be the new hotness.
Is that Trumps "you better behave" look? I swear i saw the same picture just yesterday, with a different person in front.
It's all about the money.
Make no mistake, the people ripping us off and paying for Trump's elections do not have our best interests at hand.
Is he about to Elon the company?
Jensen's a first class asshole
He's not wrong—Biden fucked that up good—but Trump kept those policies, too, something NVIDIA was shrewd not to mention. By the time Trump finally offered half an olive branch, it was far too late.
Why does Biden have control of a private companies market share in another country? And isn’t nvidia mainly Japanese?
no. jensen huang was born in taiwan and spent part of his childhood there but nvidia was all american right from the start
Ah ok fair enough
This is lying with statistics. It's 0% market share [for certain GPUs] because they're illegal to export to China. So the numbers don't show all the ones "smuggled" there.
GamersNexus made a great video about this