""We are competing against China. The government of China wants to destroy our way of life. When they wake up every day [they think], 'how can the American way of life be destroyed?'""
""We got to put ourselves in a position that we can outcompete, especially China, with regard to AI.""
"Exports are only part of the problem: there are now smugglers who have stolen Nvidia's technology to sell to China through backchannels."
"Last week, the co-founder of hardware manufacturer Supermicro was charged with allegedly orchestrating a scheme to smuggle $2.5 billion worth of Nvidia microchips to China."
Executives and lawmakers at the Hill and Valley Forum emphasized the urgency of the AI race, particularly in relation to China. Sen. Rick Scott described the competition as a matter of life and death, expressing concerns about China's intentions to undermine American values. Tensions arose regarding whether U.S. companies should retain advanced technology domestically, especially in light of Nvidia's recent approval to sell AI chips to China. Smuggling incidents involving Nvidia technology further complicate the situation, highlighting the risks of technology transfer to adversarial nations.
Read at Fortune
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