---
title: 🔴 Nvidia CEO Jensen Huang said Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world.”
description: "👉 Speaking to reporters at a tech conference in Washington, D.C., Huang said China may be “right behind” the U.S. for now, but it’s a narrow gap.\n“We are very close,” he said. “Remember this is a long-term, infinite race.”\n👉 The Trump administration this month restricted the shipment of Nvidia’s H20 chips to China without a license. That technology, which is related to the Hopper chips used in the rest of the world, was developed to comply with previous U.S. export restrictions. Nvidia said it would take a $5.5 billion hit on the restriction. \n👉 Huawei, which is on a U.S. trade blacklist, is reportedly working on an AI chip of its own for Chinese customers. “They’re incredible in computing and network technology, all these essential capabilities to advance AI,” Huang said. “They have made enormous progress in the last several years.”"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [🔴 Nvidia CEO Jensen Huang said Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world.”](https://blog.syzgroup.com/syz-the-moment/the-import-charges-for-many-items-on-temu-chinese-discount-retailer-are-higher-than-the-cost-of-the-products-themselves-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | May 1, 2025, 3:18:13 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/the-import-charges-for-many-items-on-temu-chinese-discount-retailer-are-higher-than-the-cost-of-the-products-themselves-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0)

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