Nvidia China Shipments Drop 44% as Huawei Gains AI Market Share

Key Facts

1Nvidia's AI chip shipments in China fell by 44% according to a recent report.

2Huawei captured a 28% market share in China, narrowing the gap with the U.S. chipmaker.

Nvidia's AI chip shipments in China fell by 44% according to a report from Benzinga. Huawei captured a 28% market share in China, narrowing the gap with the U.S. chipmaker as domestic competition for AI infrastructure intensifies.

NVDA closed at $226.32 on October 12, 2026, amid broader movement in the semiconductor sector where AMD closed at $594.24 and TSM closed at $444.35 on the same date. The decline in shipments follows ongoing trade restrictions and the rise of local Chinese alternatives in the high-performance computing market.