Almost five months after CEO Jensen Huang complained that Nvidia's marketshare in China has fallen to Zero from 95%, CFO Kress gives an update; says: We do not ...
Nvidia CEO Jensen Huang and CFO Colette Kress express concern over US policies impacting China sales, leading to a drastic market share drop. Despite eased restrictions, Nvidia hasn't recouped losses and faces rising Chinese competition. Huang now assumes China is out of their financial picture, calling it a mistake for the US to disengage.
Nvidia CEO Jensen Huang and CFO Colette Kress express concern over US policies impacting China sales, leading to a drastic market share drop. Despite eased restrictions, Nvidia hasn't recouped losses and faces rising Chinese competition. Huang now assumes China is out of their financial picture, calling it a mistake for the US to disengage.
