China 'nanoseconds behind' America in chipmakingChina-US geopolitical tensionsNvidia CEO Jensen Huang has once again made an urgent appeal to Washington, arguing that allowing American technology companies to compete openly in China serves the best interests of both the countries. On the tech podcast BG2, a podcast hosted by tech investors Brad Gerstner and Bill Gurley, Huang emphasized that a competitive presence in China would enable the US to "proliferate the technology around the world" and "maximise America’s economic success and geopolitical influence. "Huang also expressed hope that China would remain open to outside investment, noting Beijing's pledges to maintain an "open market." "Nvidia's Graphics Processing Units (GPUs) are the essential backbone for training and running artificial intelligence (AI) models, a factor that has propelled the company's market capitalization to record highs. In August, the White House announced that President Donald Trump and Huang had struck a deal under which Nvidia would receive export licenses in exchange for 15% of Chinese sales of the H20 going to the US government.