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CEO North America > News > Jensen Huang warns export controls threaten U.S. chip dominance

Jensen Huang warns export controls threaten U.S. chip dominance

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AI poised to pass human tests in 5 years, CEO says
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Today, Nvidia released its Q1 2026 financial results, reporting revenue of $44.1 billion, a 12% increase from Q4 and a 69% rise from a year ago. The company also noted that its Data Center revenue was $39.1 billion, reflecting a 10% increase from Q4 and a 73% rise from the previous year.

In Nvidia’s earnings call, CEO Jensen Huang highlighted the company’s intention to produce AI chips in the US, however he cautioned against export controls that could restrict product shipments to China. “China is one of the world’s largest AI markets and a springboard to AI success,” he stated.

Huang told investors: “To encourage and support these investments, we’ve made substantial long-term purchase commitments, a deep investment in America’s AI manufacturing future.”

Regarding the company’s successes, Huang commented, “Our breakthrough Blackwell NVL72 AI supercomputer — a ‘thinking machine’ designed for reasoning— is now in full-scale production across system makers and cloud service providers. Global demand for NVIDIA’s AI infrastructure is incredibly strong. AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate.”

“Countries around the world are recognizing AI as essential infrastructure — just like electricity and the internet — and NVIDIA stands at the center of this profound transformation,” Huang concluded.

By CEO NA Editorial Staff

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