Nvidia CEO warns of "enormous damage" to US tech in China chip wars.

The ongoing chip wars between the US and China could cause "enormous damage" to American technology, according to Nvidia CEO Jensen Huang. He warned that the US risks falling behind in the global tech race if it doesn't invest in its own semiconductor industry. The comments come amid growing tensions between the two countries over trade and technology, with the US government imposing sanctions on Chinese tech firms such as Huawei and TikTok.