Washington's chip export controls handed Huawei the Chinese AI market Nvidia once dominated
Nvidia's AI chip market share in China has collapsed from 95% to effectively zero after US export controls pushed Chinese hyperscalers toward Huawei and domestic alternatives. By the time Washington reversed the H200 ban in January 2026, the pivot was already complete. Huawei now projects $12 billion in AI chip revenue this year, built on the customers Nvidia used to own.