A Fox News opinion column published this week argues that Nvidia CEO Jensen Huang’s resignation, announced Thursday, should be read in the context of an accused Chinese spy case and warns that the shakeup could shift momentum in the U.S.-China artificial intelligence race. Nvidia’s interim CEO is now Colette Kress, who had been serving as the company’s chief financial officer.
The column, written by Rebecca Grant, frames the moment as a test of American resolve rather than a routine corporate transition. It notes that Nvidia became the first company to pass a $5 trillion market capitalization and that other tech leaders, including Dell founder Michael Dell, had praised Huang as recently as last spring, calling him “a great partner and friend, a true leader and visionary of the AI age.” The piece also points to a 2025 Singapore investigation launched over reports of Nvidia chip smuggling.
Four Steps the Column Urges
Grant’s column lays out a four-point response for American policymakers and industry:
- Treat the China threat as pervasive. The piece cites a 2022 Wall Street Journal report on Chinese efforts to influence U.S. state and local officials, and argues that under Chinese national security law, citizens operating abroad — executives and students alike — can be compelled to share information with the Ministry of State Security if asked.
- Build up Nvidia’s rivals. The column points to AMD, whose processors power the El Capitan supercomputer that debuted as the world’s top-ranked machine, as a major competitor. It also notes that Google, Amazon Web Services, Meta and Microsoft are increasingly building their own custom AI chips, a market some analysts project will grow from $32 billion in 2026 to $132 billion by 2035. Google’s newer Tensor Processing Units are cited as a direct challenge to Nvidia’s hardware dominance.
- Keep investment flowing. The piece highlights Nvidia’s role as a financial backer across the AI industry, including a $3 billion purchase of Meta stock and a $105 billion guarantee tied to OpenAI’s data center leases in Ohio. It argues Washington should avoid regulation that would choke off that capital flow at a moment of leadership uncertainty at Nvidia.
- Defend global market share. According to figures cited in the column from Fast Company, Nvidia held a 95% share of China’s AI chip market in 2022, which fell to 40% in 2025 under Chinese self-reliance policies and U.S. export restrictions, with an 8% share forecast for 2026. The column quotes Huang telling CNBC in June 2025: “If the United States doesn’t want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else covered.”
The column argues that Cold War-era export bans alone will not be enough to counter Chinese competitors such as Huawei, which it says are actively working to build out AI infrastructure and capture market share abroad. It concludes that winning the AI race will require more than government action alone, and raises the open question of whether Nvidia can continue leading the effort following Huang’s departure.
