Nvidia chief executive Jensen Huang has warned that the Trump administration’s restrictions on the sale of computing chips in China could help Beijing win the artificial intelligence arms race, even as the Silicon Valley giant unveiled strong projections for the growth in use.
Shares in the chipmaker jumped almost 6 per cent in after-hours US trading as the market darling allayed any fears about a slowdown in revenue growth. Nvidia has grown into one of the world’s largest companies as demand for its products that underpin AI processing soars.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
