Nvidia stock faces China setback as Huawei reaches 28% share
Published on 11/02/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChina Competition Raises Investor Risks
- Nvidia's position in China's data-center AI-chip market weakened in the first half of 2026 as export restrictions limited product access.
- Huawei and other domestic suppliers are gaining scale while China's accelerator market shifts toward broader system performance.
- The November 17 fiscal third-quarter results call will provide the next scheduled test of Nvidia's demand outlook.
Nvidia's position in China's data-center AI-chip market weakened in the first half of 2026 as export restrictions limited product access and domestic rivals gained ground. An ad-hoc-news report citing The Edge Malaysia, Reuters and IDC said Nvidia held 34 percent of China's data-center AI-chip market from January through June.
China Market Share Under Pressure
Nvidia shipped 678,000 AI accelerators during the six-month period, 44 percent fewer than a year earlier. Huawei shipped 572,000 units, up from more than 300,000, and held 28 percent of the overall market. Nine of the 11 Chinese chipmakers tracked by IDC increased shipments year on year.
Export controls have narrowed the range of Nvidia products available in China, while Beijing has promoted domestic alternatives and required approval for compliant Nvidia-chip imports. Nvidia Chief Executive Jensen Huang has criticized the restrictions, arguing that they surrender market opportunities to Huawei.
Accelerator Demand Keeps Growing
China's total AI-accelerator shipments reached 2.008 million in the first half. GPU shipments fell 26 percent to 991,000, while other accelerators rose nearly 80 percent to 1.016 million. IDC expects total accelerator shipments to grow 19 percent in 2026 even as GPU shipments decline 9 percent.
The market is also moving beyond individual chip performance toward system-level efficiency in larger computing clusters. For investors, that shift creates a China risk alongside Nvidia's continuing dependence on demand for advanced AI infrastructure.
Nvidia stock traded at EUR 185.18 on Lang & Schwarz at 17:11 CET on Monday, November 2, 2026, 1.08 percent above the Xetra close of Friday, October 30. The real-time quote of Nvidia stock is available for ongoing price monitoring.
Nvidia's next scheduled fiscal third-quarter results call on November 17 will give investors a further opportunity to assess demand, China exposure and the profitability of AI infrastructure spending.
The broader US market backdrop remains relevant as investors assess technology spending and semiconductor risk through the S&P 500.
More news and analyses on Nvidia stock cover the company's China exposure, AI demand and upcoming results.
NVIDIA Corporation at a glance
- Company: NVIDIA Corporation
- ISIN: US67066G1040
- Xetra ticker: NVD.DE
- Lang & Schwarz quote: EUR 185.18 on November 2, 2026, at 17:11 CET
- Xetra close: EUR 183.20 on October 30, 2026
