Nvidia CEO Jensen Huang laid out the company's US manufacturing plans, while criticizing export controls on chips to China during the the AI giant's earnings call Wednesday.

The H20 was introduced by Nvidia after the Biden administration restricted AI chip exports in 2022. It's a slowed-down version intended to comply with U.S. export controls.

U.S. export controls on artificial intelligence chips to China were "a failure" as they have cost American companies billions of dollars in lost sales, Nvidia Chief Executive Jensen Huang said on Wednesday.

Nvidia CEO Jensen Huang started his part of the company’s earnings call by addressing U.S. export controls, saying China’s $50 billion AI market “is effectively closed” to the U.S. “China's AI moves on with or without U.

Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.

Jensen Huang used the company’s earnings call to challenge the president to ease controls on chip exports to China.

Nvidia NVDA Chief Executive Jensen Huang said U.S. export controls, which aim to curb China’s tech advancements by limiting the sale of cutting-edge chips from Western companies to Chinese tech ...