Nvidia CEO Jensen Huang criticized U.S. export controls blocking the sale of its AI chips to China. Last month, the chipmaker noted a $5.5 billion write-down to its inventory, after the U.S. demanded companies get a license to sell their AI chips to China.

Jensen Huang, the chipmaker’s top executive, said the attempt to cut off the flow of advanced A.I. chips spurred Chinese companies to “accelerate their development.”

Nvidia CEO Jensen Huang has repeatedly said China will be a powerhouse in global AI development and it would be folly for the chip giant to neglect the market. So far, Huang has pulled off the feat of