Jensen Huang said that Nvidia has "largely conceded" China's AI chip market to Huawei and should "expect nothing" regarding chip sale approvals to China (Lee Ying Shan/CNBC)

<a href="https://www.cnbc.com/2026/05/21/nvidia-jensen-huang-china-ai-chip-market-huawei.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260520/i55.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260520/p55#a260520p55" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Lee Ying Shan / <a href="http://www.cnbc.com/">CNBC</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/21/nvidia-jensen-huang-china-ai-chip-market-huawei.html">Jensen Huang said that Nvidia has &ldquo;largely conceded&rdquo; China's AI chip market to Huawei and should &ldquo;expect nothing&rdquo; regarding chip sale approvals to China</a></b></span>&nbsp; &mdash;&nbsp; Nvidia CEO Jensen Huang said the company has &ldquo;largely conceded&rdquo; China's artificial intelligence chip market to Huawei &hellip; </p>