Nvidia Shares Falls in China: The Chinese business of American technology company Nvidia has now completely stopped. The company’s shares have fallen straight to 0 percent in China. Due to which the company has been completely wiped out from China. Now the company’s CEO Jensen Huang has also given his reaction regarding this. He has told that all this has happened due to the ongoing situation in America.

What did the CEO say?
The CEO of Nvidia China had recently come to attend the Global Conference of the Milken Institute. During this, while talking about this, he said that this policy is backfiring for America because it is motivating China to develop indigenous technology. He said that we are improving our economy by increasing our tax revenue and this is our national security.

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America wants to maintain leadership
During this time, when Huang was asked whether he had access to the latest and best chip? To this he gave a straight answer, ‘Not at all’, he also said that America wants to maintain its AI (Artificial Intelligence) leadership. Therefore, he takes care that he has the latest and first technology.

Domestic company started expanding its foothold
All this has happened due to American export restrictions. The US government has banned the export of quality chips (such as H100, A100) due to security concerns. Due to which now China’s domestic company Huawei is rapidly expanding its presence in the market.

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About Nvidia
Let us tell you that it is a leading American technology company, which mainly manufactures and develops graphics processing units for Artificial Intelligence (AI), gaming and professional markets. This company was started in 1993 and has 90 percent share in the market.

AI Impacts: After the advent of Artificial Intelligence (AI), the world is changing rapidly and the way of working is also taking new forms. Companies are now investing extensively in AI, while the workforce is being reduced in many places. In such a situation, there is increasing concern among people about what effect this will have on jobs in the future.

Warning from CEO of AI chip manufacturing company

Meanwhile, Nvidia CEO Jensen Huang has given an important warning regarding the impact of AI. In Lex Fridman’s podcast, he said that AI can do better especially those tasks that are repetitive, and in many cases it can prove to be more efficient than humans. Therefore, in jobs where there are fixed and repetitive tasks, it is very important for people to learn the use of AI.

He also said that if he were a farmer or a pharmacist, he would definitely use AI, because it would improve the way of working and create new opportunities for innovation in that field.

Jensen Huang also acknowledged that today’s tools and tasks are constantly changing, which sometimes creates confusion. However, he clarified that the basic purpose of the work often remains the same, only the methods of doing it change.

Changing ways of working

It is noteworthy that during the last two years, big companies in the tech and IT sector have done large-scale layoffs across the world. Companies argue that in the coming times their focus and investment will be more on Artificial Intelligence (AI).

In such a situation, experts also believe that in future it will not be possible to separate AI from the workplace. Therefore, it is important for employees and professionals to adopt AI, learn to work with it and develop their skills accordingly, so that they can remain relevant in the changing environment.

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Jensen huang: There was a time when in Trump’s first term, Apple’s CEO Tim Cook was considered the mastermind of business relations between the US and China. He formed a strong relationship with the Trump administration and did not distance from Beijing. As a result, Apple was saved from American tax and continuously developing in China. But in Trump’s second term, the situation has changed. Now Apple’s crown is the head of Nvidia and its CEO Jenson Huang is being seen today as America’s most influential tech leader. The success of Nvidia in the world of AI has made Huang not just a businessman but a global political face.

AI’s strength and Huang’s rise

The Wedbush Analyst Dan Iaves says, “The role of Nvidia’s chips in the AI revolution has brought Huang ahead of Tim Cook.” He believes that today the major chip that gives strength to AI in the whole world is only of NVIDIA. Recently Huang visited Beijing, where he announced to resume the sale of NVIDIA H20 AI chip.

These chips were banned on sale to China earlier this year, but Huang openly opposed it and lobbied against it. Their efforts brought color and now America has relaxed this decision.

Politics rises in politics

It is clear from this historic victory that Huang’s impact on Trump administration is increasing. He had met Trump at Washington DC before leaving for China. Their effect as a result of his ban on the H20 chip was softened. According to experts, Huang explained to the US administration that prohibiting the chip could weaken America’s technical growth and would benefit Chinese companies.

NVIDIA has also recently dealt with hundreds of thousand AI chips to UAE in which Huang played an important role with Trump. The deal strengthens the global tech leadership of America, especially compared to companies like Huawei of China.

Tim Cook and Musk followed

Earlier it was believed that in Trump’s second term, Alan Musk would be the closest tech leader of the administration but his relationship with Trump is no longer sweet. At the same time, Tim Cook is now facing criticism of the administration, especially when Apple starts construction units in India.

Trump administration advisor Peter Navaro recently criticized Cook, saying that he is very slow in removing manufacturing from China. Cook and Apple, once considered the most influential, are now looking back in the political field.

Future uncertainty remains intact

Although Huang’s influence is currently at the top, experts believe it is not permanent. According to Paul Tricolol of DGA-Alberite Stonbridge Group, the policy of Trump administration has been continuously changing, which requires huge losses and re-designs to companies.

Apart from this, the US is currently investigating the semicondia sector, so that NVIDIA can once again be targeted by the policies of the Trump government. Even though Nvidia is doing some construction in America, but a large part of it is still in Taiwan.

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