Rakesh Kumar says US chip controls backfired as China gains ground
Photo: Crypto Briefing
The University of Illinois professor has spent four years warning that export restrictions would push Beijing toward self-sufficiency, and new market data suggests he had a point The professor of electrical and computer engineering at the University of Illinois Urbana-Champaign has spent four years as one of Washington’s most persistent academic critics. His target: the US effort to freeze China’s chip industry in place through export controls. Start with Nvidia . In the first half of 2026, the company’s share of China’s AI accelerator market fell to 34%, a decline of 44% year-over-year. That translates to 678,000 units shipped.
Source: Crypto Briefing
