Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

By CNBC
February 26, 2026, 3:50 AM EST
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BEIJING: Nvidia is struggling to regain lost sales in China despite US restrictions easing. The company warns of rising competition from Chinese rivals in the global AI industry. Chinese AI chipmakers are going public, with some seen as potential alternatives to US technology. Expectations are high for the future dominance of Chinese tech in the AI sector.

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