According to the Hong Kong "South China Morning Post" local time on the 16th, the CEO of the U.S. NVIDIA Company (CEO) Huang Rin Long said recently that due to the U.S. implementation of export controls, the U.S. semiconductor giant has been banned from selling its advanced products to mainland Chinese enterprises, the company's high-end chip market share in China has fallen from 95% to 0%.

The report said that Huang Ying-Long made the aforementioned statements when attending the event in New York this month and that at the moment we have completely withdrawn from the Chinese market. "

According to the South China Morning Post, since 2022, NVIDIA has been banned from exporting its high-end chips for artificial intelligence (AI) applications, including the A100, H100 and other models. It is understood that during a visit to Beijing in July this year, Yuan Yinglong announced that the U.S. government has approved the H20 chip to resume exports to China.

The statement continues his consistent stance that NVIDIA must sell products to the Chinese market, otherwise the market share will fall into the hands of its competitors. he also said that NVIDIA is excluded from the Chinese market, the negative impact on the United States is "worse" than it is for China.

Previously, Nvidia announced its second fiscal quarter report for the fiscal year 2026 ending July on August 27 local time. Although Nvidia's revenue and net profit growth in the quarter both exceeded market expectations, the most critical data center business revenue fell short of expectations for two consecutive quarters, causing the stock price to plummet by more than 3% in after-hours trading on Wednesday. According to the Wall Street Journal, Nvidia said data center business revenue growth was slower than expected, in part due to a $4 billion decline in H20 chip sales in the second quarter. The H20 chip is a special chip specially designed by NVIDIA for the China market. Nvidia's executive vice president and chief financial officer Kreis said that due to ongoing geopolitical issues, Nvidia did not sell any new H20 chips in the second quarter, and the company also does not expect the H20 to generate revenue in the third quarter.

The Associated Press recently reported that Nvidia's performance in the quarter would have been better if it weren't for the U.S. government's export ban on China. Huang Renxun said in the earnings conference call that it is expected that there will be US $50 billion in business opportunities in the Chinese market. If the company has highly competitive products that can satisfy the market, it is expected that there will be an annual growth of 50% in the next period. Huang Renxun said that China is a very large market, and Nvidia is discussing with the U.S. government the importance of satisfying the Chinese market.