Nvidia's Jensen Huang: China Doesn't Need US Chips

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said that the Chinese military is not using his company's chips due to export controls and tensions between the U.S. and China. 

The Details: Speaking in a CNN interview on Sunday, Huang argued that China cannot depend on U.S.-made technology for its military needs because access to such technology could be restricted at any time. 

"It could be limited at any time; not to mention, there's plenty of computing capacity in China already," Huang said. 

"They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he added.  "They simply can't rely on it."

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Huang's remarks come in the context of U.S. export controls that restrict semiconductor ...