Nvidia CEO Says China AI Market Is on Course to Hit $50 Billion
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Nvidia Corp. Chief Executive Officer Jensen Huang said that the market for AI chips in China could reach $50 billion in the next couple of years, making it crucial for US companies to have access to the country.
“It would be a tremendous loss not to be able to address it as an American company,” Huang said in an interview on CNBC. “It’s going to bring back revenues. It’s going to bring back taxes. It’s going to create lots of jobs here in the United States.”