That number falls short of Nvidia’s over 1 million China-specific H20 chips produced in the last nine months of 2024, analysts estimate.

U.S. export controls on Nvidia have incentivized China to develop alternatives, while also making it more difficult for domestic firms to do so, experts say.

"If the United States doesn't want to partake, participate in China, Huawei has got China covered," the Nvidia CEO warned.

Still, Jensen Huang says his company’s technology remains a generation ahead of those developed by Chinese rivals.

That number falls short of Nvidia’s over 1 million China-specific H20 chips produced in the last nine months of 2024, analysts estimate.