So much for America first — after three months of touting a future in which US tech rules the world, Nvidia CEO Jensen Huang seems to be giving up.

In a new interview the Financial Times, Huang said that “China is going to win the AI race.”

He added that China will defeat the US due to lower energy costs and looser regulations, while the West is paralyzed by “cynicism” — an astonishing admission about the technological capabilities of a country which multiple presidential administrations have taken pains to hinder.

The comment comes a week after Trump’s trade meeting with PRC President Xi Jinping, where Nvidia’s AI chips were supposed to take center stage. Nvidia’s chips were seen as a key asset in the economic competition with China, but the PRC recently stopped importing them in favor

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