China's Homegrown AI Chip Push Just Got Faster. Is This a Real Threat to Nvidia?

Key Points Nvidia was forced to exit the Chinese AI chip market in 2025 as U.S. export controls got stricter. Prior to that, Nvidia had sold less-powerful H20 chips to China. Since Nvidia's exit, Chinese chipmaker Huawei has seen massive domestic demand for its products. Huawei has accelerated its chip development in response to the overwhelming demand. 10 stocks we like better than Nvidia › Up until now, Nvidia 's (NASDAQ:NVDA) top-tier AI chips – particularly its powerful GPUs – have easily been the best in the world. That's why they've been in such demand all over the world. Well... all over the world, except for China. U.S.