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APNVIDIA CEO Jensen Huang. (AP Photo) Nvidia share price went down by four per cent with stocks are down by 11 per cent for the week. This has reflected in the market value of Nvidia which has now witnessed a decline of nearly $500 billion in market cap. While some analysts are blaming the much talked about Artificial Intelligence (AI) bubble, reports have also pointed twists and turns in Nvidia CEO Jensen Huang stance and remarks on China.On Tuesday, reports said that Huang had claimed that China will beat the United States in the AI race. Subsequently, there were reports that China was "nanoseconds behind" the U.S.However, when the Nvidia CEO was asked whether he had stated that China will emerge winner in the AI race, Jensen Huang said, "That’s not what I said. What I said was China has very good AI technology. They have many AI researchers, in fact 50 per cent of the world’s AI researchers are in China. And they develop very good AI technology. In fact, the most popular AI models in the world today, open-source models, are from China. So, they are moving very, very fast. The United States has to continue to move incredibly fast. And otherwise, otherwise – the world is very competitive, so we have to run fast." Nvidia $NVDA CEO Jensen Huang was asked about a recent story that said he warned that China will beat the US in the AI race“That’s not what I said. What I said was China has very good AI technology. They have many AI researchers, in fact 50% of the world’s AI researchers are in… pic.twitter.com/tZgnLvpPO0— Evan (@StockMKTNewz) November 7, 2025 Nvidia CEO Jensen Huang said on Friday that there were "no active discussions" about selling the company's state-of-the-art Blackwell chips to China. Blackwell is Nvidia's current flagship artificial intelligence chip that the Trump administration has so far prevented from being sold to China, for fear it would aid the Chinese military and domestic AI industry.Live EventsThe U.S. has allowed Nvidia to sell its H20 chip in China, but Huang has repeatedly said over the past month that China does not want Nvidia in the country, so its market share of the advanced AI chip market is zero.US Stock markets tumbled on Friday as fears of an AI bubble deepened a tech selloff, with investors also rattled by weak economic data and a prolonged US government shutdown. The tech-heavy Nasdaq index was down almost two percent near midday on Wall Street, with shares in the world's most valuable company, AI chip designer Nvidia, shedding more than four percent.FAQsQ1. How is Nvidia share performing?A1. Nvidia share price is down by over four per cent on Friday.Q2. Which are two prominent chips of Nvidia?A2. Two prominent chips of Nvidia are Blackwell and H20.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onNvidia share priceNvidia stockNVDA share priceNVDA stockNvidia (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onNvidia share priceNvidia stockNVDA share priceNVDA stockNvidia(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless Explore More Stories123
