Nvidia CEO Jensen Huang has emphasized the importance of maintaining open trade policies in the global artificial intelligence (AI) market. Speaking amid growing geopolitical tensions and technological export restrictions, Huang specifically pointed to the increasing significance of China’s AI market, which he projected could reach a value of $50 billion. His comments come at a crucial time when several U.S. tech firms are facing challenges related to trade policy and regulatory uncertainty.
“Free trade is essential for the accelerated global development of AI,” Huang remarked, underlining the economic potential and mutual benefits of maintaining open-market dynamics. His call is particularly relevant given existing U.S. export controls aimed at limiting the transfer of advanced semiconductor technologies to China. Despite these constraints, China remains a major consumer of AI infrastructure and related chip technologies.
In contrast to Huang’s optimistic outlook for the AI market, Super Micro Computer (SMCI), a key supplier of advanced server solutions often used in AI applications, revealed disappointing results for its latest quarter. The company also cut its full-year guidance, citing uncertainties tied to ongoing tariff debates. Super Micro’s third-quarter earnings came in below analyst forecasts, causing a decline in its stock valuation. The firm noted that trade tensions and unstable policy environments are affecting its operations and revenue projections.
Adding to the mixed picture from the tech sector, ride-hailing giant Uber Technologies (UBER) also missed Wall Street expectations in its first-quarter revenue report. While specific figures were not disclosed in the briefing, analysts had anticipated stronger growth due to increased mobility and food-delivery usage. The shortfall has raised concerns about Uber’s growth trajectory and its ability to capitalize on post-pandemic consumer trends.
Collectively, these developments highlight the contrasting fortunes and challenges within the tech and transportation sectors. While Nvidia projects robust international opportunities for AI technology, others like Super Micro and Uber are grappling with the immediate impacts of trade policy, supply chain risks, and shifting demand patterns.
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