Nvidia CEO Jensen Huang reportedly called Washington’s export curbs on the sale of AI chips to China a “failure” that would drive Chinese rivals to speed up developing their own semiconductors.

Nvidia Corp. Chief Executive Officer Jensen Huang on has criticized the U.S. government’s restrictions on chip sales to China.

Concerning China as a significant market, Nvidia’s sales in China during the fiscal year that concluded on January 26 totaled $17 billion, or 13% of its overall revenue.