Nvidia CEO Discusses Potential AI Chip Sales to China with Trump Administration

Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO says

WASHINGTON, Aug 28 (Reuters) - Discussions with the White House to allow American AI chip company Nvidia (NVDA.O), opens new tab to sell a less advanced version of its next-generation advanced GPU chip to China will take time, Nvidia CEO Jensen Huang said on Thursday. When asked about White House talks on Blackwell chip sales to China in a Fox Business News interview, Huang said the discussions had started. "The conversation will take a while, but ... President Trump understands that having the world build AI on the American tech stack helps America win the AI race." Earlier this month, Trump suggested he might allow Nvidia to sell a scaled-down version of the chip in China, noting that it would be 30-50% less capable than the regular version. That comes despite deep-seated fears in Washington that China could harness U.S. artificial intelligence capabilities to supercharge its military. China hawks fear allowing even stripped-down Blackwell chip sales to China could open the door to Beijing securing more advanced computing power from the U.S., even as the two countries battle for technology supremacy. Reuters in May reported that Nvidia was preparing a new chip for China that was a variant of its most recent state-of-the-art AI Blackwell chips at a significantly lower cost. Reporting by Jasper Ward and Alexandra Alper, Editing by Franklin Paul, Rod Nickel Our Standards: The Thomson Reuters Trust Principles., opens new tab

Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO say

WASHINGTON, Aug 28 (Reuters) - Discussions with the White House to allow American AI chip giant Nvidia (NVDA.O), opens new tabvto sell a less advanced version of its next generation Blackwell chip to China "wil take a while," Nvidia CEO Jensen Huang said on Thursday. When asked about WHite House talks on Blackwell chip sales to China in a Fox Business News interview, Huang said, "I started to have the conversation with them. I think that the conversation will take a while, but, but President Trump understands that having the world built AI on American tech stack helps America win the AI race." Reporting by Jasper Ward and Alexandra Alper, Editing by Franklin Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab

Nvidia CEO Jensen Huang says talks with Trump to allow chips into China will take time

China may not want to buy Nvidia chips over supposed security risks and US comments Nvidia CEO Jensen Huang said that discussions with the US Government on allowing scaled-down Blackwell GPU sales to China have started, but it could take time to reach a deal. According to Reuters reporting, Trump indicated that Nvidia could sell a less powerful version of Blackwell to China that's 30-50% less capable than the regular version. However, the White House fears that even stripped-down AI chips could support China's military and technological strength, hence the delays that Nvidia is facing with regards to a decision. Huang estimates that China represents a $50 billion opportunity for Nvidia, potentially growing 50% annually if access to sell chips in the country is allowed. For a company with $46.7 billion in quarterly revenue, that's a considerable opportunity. Nvidia had already made the H20 AI chip for China to meet Biden-era export restrictions, but that got banned over security concerns when Trump came to power. Sales of the H20 in China are still on pause, but at an expense to Nvidia which is losing out on billions in sales. In the meantime, China has been promoting the use of domestic chips to plug the gap left by stalled Nvidia sales. The country has also reportedly been asking local firms to avoid Nvidia's chips, citing security risks. China's reluctance to buy Nvidia chips could be heightened further following comments from US Commerce Secretary Howard Lutnick, who said the plan is to make China addicted to American tech. On the flip side, Huang argues that enabling American companies to sell AI chips in China helps the US set the standards and win the global race. Nvidia recently posted a 56% year-on-year rise in quarterly revenue, noting a lack of H20 sales in China and a $180 million release of previously reserved H20 inventory from around $650 million in unrestricted H20 sales. Huang commended Blackwell's performance gains, adding that Blackwell Ultra production "is ramping at full speed."

Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO says - The Economic Times

When asked about White House talks on Blackwell chip sales to China in a Fox Business Network interview with "The Claman Countdown," Huang said the discussions had started.Discussions with the White House to allow American AI chip company Nvidia to sell a less advanced version of its next-generation advanced GPU chip to China will take time, Nvidia CEO Jensen Huang said on Thursday. When asked about White House talks on Blackwell chip sales to China in a Fox Business Network interview with "The Claman Countdown," Huang said the discussions had started. "The conversation will take a while, but ... President Trump understands that having the world build AI on the American tech stack helps America win the AI race." Earlier this month, Trump suggested he might allow Nvidia to sell a scaled-down version of the chip in China, noting that it would be 30-50% less capable than the regular version. That comes despite deep-seated fears in Washington that China could harness U.S. artificial intelligence capabilities to supercharge its military. China hawks fear allowing even stripped-down Blackwell chip sales to China could open the door to Beijing securing more advanced computing power from the U.S., even as the two countries battle for technology supremacy. Reuters in May reported that Nvidia was preparing a new chip for China that was a variant of its most recent state-of-the-art AI Blackwell chips at a significantly lower cost. Nvidia's exclusion of potential China sales from the forecast for the current quarter underscored the uncertainty caused by Chinese-U.S. trade tensions, despite Nvidia striking a deal with President Donald Trump for export licenses in exchange for 15% of China sales of its H20 AI chips. Huang said the company does not yet have H20 orders from China. Asked if he would be forced to say yes if Trump demanded 15% of Blackwell chip sales to China, Huang suggested he was open to it. "I don't know that it's 'forced to say yes,' but ultimately, it's in the best interest of the world, of our country, for us to be able to sell in China," Huang said. "So whatever it takes to get it approved for us to be able to sell in China is fine with us." He estimated the AI market in China is worth $50 billion to Nvidia. "My hope is that we'll be able to go back and address a significant part of that $50 billion," Huang said.

Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO say

WASHINGTON (Reuters) -Discussions with the White House to allow American AI chip giant Nvidiavto sell a less advanced version of its next generation Blackwell chip to China "wil take a while," Nvidia CEO Jensen Huang said on Thursday. When asked about WHite House talks on Blackwell chip sales to China in a Fox Business News interview, Huang said, "I started to have the conversation with them. I think that the conversation will take a while, but, but President Trump understands that having the world built AI on American tech stack helps America win the AI race." (Reporting by Jasper Ward and Alexandra Alper, Editing by Franklin Paul)

Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO says

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).