jamesonwu1972/Shutterstock Nvidia CEO Jensen Huang was recently featured on an episode of " Memos to the President " hosted by nonpartisan political group Special Competitive Studies Project. In the interview, Huang said that Nvidia's presence in China's artificial intelligence (AI) industry is practically zero. Once believed to have held around a 70% share, Nvidia has now been kicked to the curb when it comes to AI hardware in China. This comes after years of restrictions laid out by the Biden administration and reinforced by the subsequent Trump administration. These export restrictions put a total block on graphics processing units (GPUs) above a certain power threshold from being shipped to China. While they focused on powerful chips like the H200, they also collided with consumer-level tech, like the RTX 4090, which was deemed too powerful for export to China.…