Nvidia boss Jensen Huang has blasted US rules that blocked exports of advanced computing chips to China, arguing that they were backfiring against American companies. At a press conference at the annual Computex conference in Taipei, Taiwan, he called the policies a "failure".

US export controls on artificial intelligence chips to China are "a failure", Nvidia chief executive Jensen Huang said on Wednesday. "All in all,

Nvidia Corp. chief Jensen Huang blasted the “failure” of US restrictions intended to contain China’s technological ascent, calling on the White House to lower barriers to AI chip sales before American firms cede that market to up-and-coming rivals such as Huawei Technologies Co.