Nvidia and AMD will soon begin selling new GPUs made for AI workloads in China to comply with US chip export restrictions.

In the high-stakes arena of AI, a fascinating new narrative is emerging. Google's recent I/O prominently featured Chinese AI models alongside U.S. tech stalwarts.

Tucked into its quarterly filing, Nvidia for the first time said restrictions on the use of open-source AI models from China could hurt its business.

The report called the “Made in China 2025” plan, which increased the country’s share of industries like drones and electric vehicles, “far-reaching and harmful”. Such grievances help explain why President Donald Trump hit China with punishing tariffs in April.

DeepSeek’s R1 model gets an update with major improvements in reasoning and output, signaling China’s growing influence in the global AI race.

Despite Wall Street’s general approval of Nvidia’s results and outlook without China, Huang isn’t giving up on the region. The CEO issued a dire warning during the company’s earnings call, saying that whatever chip AI platform wins in China is positioned to lead globally.

“The PRC is executing a state-directed campaign to dominate global artificial intelligence,” the report states, pointing to AI as a linchpin for China’s broader ambitions in tech leadership and military modernization.

One of the biggest stories this week in the HPC-AI world involves — surprise! — NVIDIA. Actually, make that two of the biggest stories. One is NVIDIA’s stellar quarterly earnings announcement in the face of concerns in recent months about disruption of chip exports of GPUs to China.

While Nvidia is being squeezed out of China, other policy changes may help open up additional markets. The US president recently visited Saudi Arabia and other states in the Middle East, where he announced large AI projects. That reversed a push by his predecessor to clamp down on the region’s access to AI technology.

Nina Schick, who is an author, adviser, and speaker specializing in generative AI, tells Madison Mills and Interactive Brokers chief strategist Steve Sosnick that the US–China tech race is the "most important geopolitical story" of the 21st century.

Friction between Beijing and Washington is growing as the Trump administration cracks down on visas for Chinese students and access to advanced computer chips.

Once an auto underdog, the country’s current dominance of the global electric-vehicle market says a lot about why it brims with confidence in other fields.