By Bolaji Ojo
To Nvidia Corp. CEO Jensen Huang, all his company needs to wallop Chinese AI competitors and remain dominant in the communist nation is for America to remove restrictions on the shipment of advanced technologies to China.
He is wrong. Current American sales policy is not the biggest obstacle to the growth of Nvidia’s market share in China. Although Washington has slapped repeated restrictions on the export of advanced technologies to many competing nations, including China, the mere lifting of these sanctions will only exacerbate the challenges facing foreign tech companies in the country.
A deep dive into the dynamics of global commerce, military and geopolitical rivalries among the world’s leading national players will reveal a more complex portrait than can be explained by the simple narratives emerging from the current focus by analysts, industry executives and observers on export restrictions, tariffs and the imposition of stringent rules and regulations.