Huang said that U.S. chip restrictions on China have failed to achieve their goals. Loopholes and existing semiconductor stockpiles in China have complicated the U.S.' aims. Chip experts say that the export curbs create more harm than good for the U.

Crowds and rock star-like excitement follow the charismatic CEO’s every step, but doing business in sensitive regions such as China and the Persian Gulf states brings its challenges.

Nvidia chief Jensen Huang has condemned US export controls designed to limit China’s access to artificial intelligence chips as “a failure” that spurred Chinese rivals to accelerate development of their own products.