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Nvidia CFO Cites Disappointment Over China Export Hurdles

Summary

  • Nvidia CFO expresses frustration with regulatory obstacles for China exports.
  • Company seeks U.S. and Chinese government engagement on export policies.
  • Amazon and Microsoft support legislation impacting Nvidia's China sales.
Nvidia CFO Cites Disappointment Over China Export Hurdles

Nvidia's Chief Financial Officer, Colette Kress, has expressed significant disappointment with the regulatory obstacles impeding the company's ability to send its advanced computing products to China. Kress highlighted that securing sustainable leadership in AI computing requires broad support from developers worldwide, including commercial businesses in China.

She stressed that Nvidia intends to continue engaging actively with both the U.S. and Chinese governments to navigate these complex trade relations. The company's goal is to foster an environment conducive to global technological advancement and market access.

These challenges are amplified as major corporations like Amazon.com align with Microsoft in endorsing legislative measures that threaten to impose further limitations on Nvidia's export activities to China, signaling a tightening regulatory landscape.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Nvidia faces regulatory obstacles that limit its ability to export computing products to China.
Nvidia believes establishing leadership in AI computing requires support from businesses globally, including those in China.
Microsoft and Amazon.com are supporting legislation that could further limit Nvidia's export capabilities to China.

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