Arm CEO warns on US export restrictions to China: ‘If you narrow access to technology…'
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Arm CEO
Rene Haas has joined a growing list of tech leaders, including
Nvidia
's Jensen Huang warning against the impact of US export restrictions on China. For those unaware, the US imposed a new rule in April that banned exports of
advanced data centre chips
to China. Speaking at the Founders Forum Global conference in Oxford on Thursday, June 12, Haas said that the controls could hinder global technological progress and harm both companies and consumers. In the interview with Bloomberg, he said 'If you narrow access to technology and you force other ecosystems to grow up, it's not good'. 'It makes the pie smaller, if you will. And frankly, it's not very good for consumers,' he added.
Hass's comments echoed Nvidia's Huang who last month warned that US companies are losing ground while Chinese firms like Huawei gain strength. 'The Chinese competitors have evolved,' Huang then said. 'Huawei has become quite formidable.'
What the US export rules say
The latest rules targeted Nvidia's H20 chip — the main product the company had specifically designed to meet earlier US regulatory requirements.
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Under the new regulations, even chips like the H20, which were previously cleared for sale in China, are now restricted because they still offer computing power considered too advanced. The U.S. government has said the measures aim to prevent China's military from accessing cutting-edge AI technology.
Semiconductor executives worry that the US policy of limiting chip exports could backfire. Critics argue that such bans will push China to rapidly build its own tech industry, weakening the position of US companies globally. The curbs have cost Nvidia an estimated $8 billion in revenue this quarter alone.
What Nvidia says
Nvidia had said that the new export controls would impact its business significantly, warning of a $5.5 billion hit to revenue. Despite these setbacks, Nvidia continues to explore ways to maintain its presence in the Chinese market while staying within regulatory limits.
As per The Information report, Nvidia has told customers that a sample of the new chip will be available as soon as June. The company is also working on a China-specific version of its latest-generation AI chip, Blackwell.
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