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The
California-based artificial intelligence chip designer has
commanded more than 90% share of China's $7 billion AI chip
market, but analysts have said new U.S. curbs on chip exports
are likely to create opportunities for Chinese rivals to make
inroads.
Reuters last month reported Nvidia had told customers in China
it was delaying the launch of a new China-focused AI chip until
the first quarter of next year.
Huang declined to confirm the Reuters article.
"Nvidia has been working very closely with the U.S. government
to create products that comply with its regulations," Huang told
a news conference in Singapore.
"Our plan now is to continue to work with the government to come
up with a new set of products that comply with the new
regulations that have certain limits."
He added Nvidia needs to seek the advice of the market and the
process is ongoing, adding that Huawei was a "formidable"
competitor.
Nvidia warned during its November earnings that it expects a
steep drop in fourth-quarter sales in China in the wake of the
new U.S. rules.
Huang noted that China's revenue contribution to Nvidia has been
traditionally around 20% but it was hard to predict how much
that would change with the new U.S. export restrictions.
Separately, he said Nvidia was in talks with Singapore about
potential big investments and working with the city-state to
help develop its own large language model, Sealion.
Singapore's Infocomm Media Development Authority (IMDA)
announced on Monday a S$70 million ($52 million) initiative to
develop Southeast Asia's first large language model.
Huang noted Singapore had a vibrant AI ecosystem and its role as
a major data centre for many Asian markets.
(Reporting by Fanny Potkin; Writing by Miyoung Kim; Editing by
Jamie Freed and Edwina Gibbs)
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