Arm CEO Supports Nvidia's Stance on U.S. Export Restrictions to China

According to a recent publication by Bloomberg, Arm Holdings Plc’s CEO Rene Haas expressed concerns on June 12 regarding U.S. export restrictions on China, suggesting that these measures could hinder technological progress and negatively impact both consumers and businesses. He shares this viewpoint with Nvidia Corp.’s CEO Jensen Huang,who is also advocating for reduced tensions between the U.S. and China.

During an interview at the Founders Forum Global conference in Oxford, Haas remarked, “Limiting access to technology forces alternative ecosystems to develop, which isn’t beneficial.” He emphasized that such actions shrink opportunities for everyone involved and highlighted Arm’s significant presence in the Chinese market.

Firms like Arm and Nvidia are increasingly vocal about how export bans might push China to bolster its own tech industry—an outcome that could backfire on the united States. In recent years, Washington has implemented restrictions on advanced chips and manufacturing equipment aimed at curbing China’s ambitions in fields like artificial intelligence (AI) and quantum computing.

This past April saw new limitations imposed by the Trump administration on data center processors destined for Chinese clients, effectively sidelining Nvidia from this lucrative market. The company projected a loss of around $8 billion in revenue from China during its second fiscal quarter due to these constraints.

Nvidia’s Huang has been particularly outspoken against these export controls lately. In a Bloomberg Television interview last month, he warned that such restrictions are preventing American companies from seizing valuable opportunities while allowing Chinese AI competitors to gain strength as they fill gaps left by U.S. firms exiting the market.

“Chinese rivals have made significant advancements,” he noted during his interview. He specifically mentioned Huawei Technologies Co., which has faced blacklisting by the U.S., as becoming “quite formidable” in its capabilities.

On a more optimistic note, there are indications that trade relations may be improving; recent negotiations between Washington and Beijing concluded with Trump announcing a deal aimed at restoring critical metal supplies from China. U.S. Commerce Secretary Howard Lutnick hinted that some tech restrictions might be lifted as part of this agreement.

The relationship between Arm and Nvidia is noteworthy; they where once poised for an acquisition until regulatory challenges derailed those plans. Their technologies complement each other well—Arm’s CPUs work alongside Nvidia’s GPUs to enhance processing speeds for AI applications like Nvidia’s Grace blackwell platform.

haas mentioned his increased lobbying efforts amid rising tensions between the two nations: “I’ve spent more time in Washington over the past year than throughout my entire career.” He acknowledged that many educated individuals within the current administration understand their industry well—and he aims to ensure their perspectives are recognized.

Haas described Huang as an intense competitor known for rapid innovation but expressed confidence in Arm’s ability to compete across diverse markets: “We’re uniquely positioned within AI—from training models in data centers down to running applications even within earbuds—which presents challenges for nvidia.” span > p > div >