Huang warned that by restricting AI chip sales to China, the U.S. may accelerate China's move to develop a separate technology stack. Huawei, he said, is already in position to cover China and much of the rest of the world if U.

Still, Jensen Huang says his company’s technology remains a generation ahead of those developed by Chinese rivals.

Nvidia will no longer include the China market in its revenue and profit forecasts following stringent U.S. trade restrictions on chip sales to the region, CEO Jensen Huang told CNN on Thursday.