That’s Nvidia Chief Executive Jensen Huang, who said he sees the potential for “enormous damage” to U.S. companies if the chip war with China escalates.
“If we are deprived of the... “‘If we are deprived of the Chinese market, we don’t have a contingency for that. There is no other China, there is only one China.’” He made the comments in a recent interview with the Financial Times, cautioning lawmakers to think about the implications of further Chinese trade restrictions.
In Huang’s view, the U.S. would be “swimming in fabs” — the plants where chips are made — if the company loses the Chinese market, which would cause its capacity needs to fall by a third. “If they’re not thoughtful on regulations, they will hurt the tech industry,” he said of U.S. policymakers.
Source: News Formal (newsformal.com)
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