Nvidia warns of growing competition from China's Huawei, despite U.S. sanctions

In its annual filing, Nvidia highlighted increased competition from Huawei, despite U.S. restrictions on the Chinese tech giant. For the second consecutive year, Nvidia listed Huawei as a competitor in categories such as chips, cloud services, computing processing, and networking products, with CEO Jensen Huang acknowledging the fierce competition in China. Since 2019, the U.S. has limited Huawei’s access to American technology, including advanced 5G chips and Google’s Android operating system, impacting the competitive landscape for companies like Nvidia.

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