Nvidia CEO Jensen Huang says the company has largely conceded China’s advanced AI chip market to Huawei, attributing the shift to US export restrictions. Huang acknowledges that Nvidia’s market presence in the region has fallen to effectively zero, and he frames the situation as Nvidia having “evacuated” that market. In his comments, Huang also credits Huawei with building a strong position in China, including a local chip ecosystem that supports advanced AI deployments. The statements reflect how US controls on the export of certain high-end chips have altered competition in the Chinese AI hardware sector. While Nvidia discusses withdrawal from much of the market, Huawei’s progress is presented as a consequence of both regulatory constraints affecting Nvidia’s ability to supply and Huawei’s efforts to develop domestically supported alternatives. Across the reports, Huang’s remarks emphasize the market impact of export limits and highlight Huawei’s ability to supply and operate within China’s ecosystem.