Technology

Today, we have 0%. At the beginning of the Biden administration, we had 95%. The policies of that administration really caused us to lose practically the entire China market. - NVIDIA CEO Jensen Huang

The article says that both Biden's and later, Trump's policies have decreased NVIDIA's market share. He's really phrasing it in a favorable way to Trump. Like, the same way, you could say the following, "At the beginning of the Obama administration, we had zero deaths from COVID. Now, we have millions." Just skip over the part that is inconvenient for propaganda, right?

However, the loss of NVIDIA's market share in China isn't only attributed to the previous administration, since under President Trump, Team Green had to halt the sales of its H20 AI chip temporarily, and they were resumed only after the firm agreed on a 'revenue sharing' model with the Trump government. More importantly, with US-China trade relations being influenced, NVIDIA also suffered a significant setback from China, as domestic regulators and authorities began persuading Chinese Big Tech companies not to use Team Green's AI chips.

Also, Jensen Huang's statement betrays an insane naivete about China. Newsflash: China always tries to take international industry and make a domestic Chinese version. If you have a 95% share of something in China and you're a foreign company, that simply means it's related to some fresh technology, or that it's virtually worthless. If it is believed to have value, China will have their own stuff before you know it, and don't expect IP laws like patents or copyright to slow them down. They don't give a shit about that stuff for foreign companies.