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

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among Nvidia's competitors for at least three prior years. Nvidia listed Huawei among its competitors in four of five categories, including chips, cloud services, computing processing and networking products. "There's a fair amount of competition in China," Nvidia CEO Jensen Huang told CNBC's Jon Fortt Wednesday. "Huawei, other companies, are ... quite vigorous and very, very competitive," Huang said. Since 2019, the U.S. has restricted Huawei's ability to access technology from American suppliers, from advanced 5G chips to Google's Android operating system. ... Read full article.