Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.

VCG. NVidia CEO Jensen Huang, who is attending the 3rd China International Supply Chain Expo, said on Tuesday that the Chinese market is very large

Nvidia was informed by the U.S. government in April that it needs a license to export its China-specific H20 chip into that market. The company took a $4.5 billion charge on account of the excess inventory of the unsold H20 chips that it was left with. Nvidia also lost $2.5 billion in revenue because of this restriction during the quarter.

Nvidia CEO Jensen Huang will attend China's international supply chain expo this week and is expected to meet top Chinese officials, signaling the chipmaker's continued commitment to the Chinese market amid rising U.

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.

Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.

Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China,