Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry — Washington’s export controls encouraged Chinese firms to invest in R&D and build their own tech stack competing with American tech

Tech Industry Huawei chairman thanks the US for export restrictions on chips, says it supercharged China’s semiconductor industry — Washington’s export controls encouraged Chinese firms to invest in R&D and build their own tech stack competing with American tech News By Jowi Morales published 30 May 2026 Was Jensen right all along? When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works . (Image credit: Huawei) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Huawei’s current Rotating Chairman and Deputy Chairman Xu Zhijun said during an interview that the company is thankful for the pressure that the U.S. has applied on it and China, in general. The comment came after someone asked how Huawei came up with the groundbreaking LogicFolding chip architecture the company developed, and Xu said that he was grateful toward the U.S. for allowing the company to achieve that, reports Huawei Central . Go deeper with TH Premium: Taiwan, trade, and tariffs (Image credit: tsmc) China's latest round of rare-earth export controls explained Analyzing Washington's new AI accelerator export rules U.S. government plans tariff exemptions for TSMC Nvidia wants China's market share to secure the future of CUDA in the region “If the United States hadn’t forced our country, our companies, and our industry, we wouldn’t have done something like this. But we are also grateful to the US for enabling our country’s semiconductor industry chain to truly grow,” the Huawei Rotating Chairman said. “Now the momentum is very good, and everyone recognizes and supports it.” Huawei was one of the first major Chinese tech companies to get a blanket ban from the U.S., after it, along with several other Chinese tech companies, was excluded from