<ul><li>Nvidia's boss, Jensen Huang, described US chip export controls as a 'failure' during a tech forum in Taipei.</li><li>The restrictions on selling hi-tech AI chips to China were intended to curb China's military advancement and protect US dominance of the AI industry.</li><li>Huang mentioned that the export controls unintentionally fueled Chinese developers' spirit, energy, and government support.</li><li>The US government's recent restrictions on Nvidia's chip sales to China led to billions of dollars in lost sales and a significant decrease in their market share in China.</li></ul>

US chip export controls are a ‘failure’ because they spur Chinese development, Nvidia boss says

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