Nvidia says US export controls on AI to China were ‘a failure’

U.S. export controls on artificial intelligence chips to China were “a failure”, Nvidia Chief Executive Jensen Huang said on Wednesday.

The U.S. Commerce Department issued guidance last week alerting businesses to the risk of violating U.S. export controls by using Chinese chips.

Huang’s comments came after China on Monday urged the United States to “immediately correct its wrongdoings” and stop “discriminatory” measures following the US guidance warning companies not to use advanced computer chips from China, including Huawei’s Ascend AI chips.

The…