- Nvidia’s market share in China fell from 95% to 0%, says CEO Jensen Huang
- Huang criticized the policies for aiming to harm others and not supporting the national level.
- Nvidia could lose $17 billion in Chinese revenue
Nvidia CEO Jensen Huang has revealed that the company’s 95% market share in China has all but disappeared over the course of 2025, and Nvidia is now losing to all other contenders.
US export controls and the Chinese band on Nvidia chips, including the H100, A100 and now H20 GPUs, have effectively prevented Nvidia, the world’s most valuable company, from selling any flagship technology in large quantities.
Under current conditions, Nvidia has been unable to sell GPUs in mainland China, spelling disaster not only for the company but also for the US economy.
Nvidia has lost all of its Chinese market share
“We went from 95% market share to 0%, so I can’t imagine that any policymaker thinks it’s a good idea, that whatever policy we implemented caused the United States to lose one of the largest markets in the world,” Huang said in an interview with Citadel values.
The leader explained that policymakers should consider policies that are helpful to the United States, rather than those that are “harmful to other people.”
In September 2025, the US government had partially granted Nvidia permission to resume sales in China, but it would have to lose 15% of its revenue. At that time it became known that China’s competition authority was going to launch an investigation into Nvidia.
Nvidia also noted that it earned $4.5 billion in charges related to the U.S. ban on H20 exports to China during the fiscal first quarter of 2026. “There were no sales of H20 to China-based customers in the second quarter,” Nvidia stated in an SEC filing.
In its previous full fiscal year, Nvidia generated $17 billion in revenue in China alone; The company’s total revenue was $130.5 billion, up 114% year over year.
Huang described China as the world’s second-largest computer market, adding: “I think it’s a mistake for the United States not to participate.”
“So hopefully we will continue to explain and inform and hold out hope for a policy change,” he added.
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