Nvidia CEO Jensen Huang recently called Huawei as the “single most formidable technology company” in China. Speaking to the Financial Times, Huang noted Huawei’s increasing influence in artificial intelligence (AI). He said “Huawei's presence in AI is growing every single year”, adding “We can't assume they are not going to be a factor.”
Huawei, a company at the center of US-China trade tensions for years, has faced significant challenges. During Donald Trump’s first term, the company was labeled a “national security threat,” leading to restrictions on business dealings. In 2019, the Trump administration further escalated the situation by blacklisting Huawei, limiting its access to US technology.
These measures continued under President Joe Biden, who expanded export controls on China’s semiconductor industry, targeting Huawei and 140 other firms.
Founded in 1987 by Ren Zhengfei, a former engineer in the People’s Liberation Army, Huawei began as a reseller of telephone switch equipment before transitioning into telecom manufacturing.
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 comments follow a Reuters report earlier this month stating that Taiwan Semiconductor Manufacturing Co. (TSMC) was in talks with Nvidia, Broadcom, and AMD about a joint investment to manage Intel's factories.