Jensen Huang celebrates lift on some GPU export bans, labels them a “failure”

Nvidia lost around $5.5 billion in costs and $15 billion in revenue due to H20 export bans CEO Jensen Huang celebrates Trump’s decision to reverse some restrictions The AI market in China could reach $50 billion this year Nvidia CEO Jensen Huang has criticized the US AI chip export controls to China, calling them a “failure” that ultimately ended up costing American businesses billions. Speaking at this year’s Computex event, the leader praised Trump’s move to modify the Biden-era export curbs (via Reuters), stating that “President Trump realizes it’s exactly the wrong goal.” In April, the world’s most valuable chipmaker…