After 'admitting' Nvidia share fell to zero, CEO says China must decide market protection Nvidia CEO Jensen Huang recently acknowledged that his company's market share in China has dropped to "zero," a stark reminder of the challenges facing US chipmakers in the world's second largest economy.
This decline is largely due to Beijing's push for self sufficiency and support for domestic champions like Huawei, which are investing heavily in their own chip industries.
China's strategy is clear: rather than relying on foreign technology, it is developing its own indigenous capabilities.