Nvidia Excludes China from Revenue Forecasts Amid US Export Controls
5 Sources
[1]
Nvidia to exclude China from its revenue and profit forecasts | TechCrunch
Nvidia doesn't think the U.S. will backpedal its chip export restrictions to China anytime soon. The chipmaker is so convinced of that fact that it's not going to include the Chinese market in its revenue and profit forecasts, CEO Jensen Huang told CNN on Thursday. Huang said he's not counting on
[2]
Nvidia CEO Jensen Huang Says Huawei 'Has Got China Covered' If US Backs Off, Despite American Tech Being 'Generation Ahead' - Baidu (NASDAQ:BIDU), Grocery Outlet Holding (NASDAQ:GO)
Nvidia NVDA CEO Jensen Huang commented on Huawei's growing influence in China and predicted that robotics and autonomous vehicles will dominate the coming years. What Happened: Huang shared his insights at the Viva Tech conference in Paris, as reported by CNBC on Thursday. Huang expressed concern
[3]
NVIDIA Becomes Gloomy About Its AI Business Prospects in China; Team Green Will No Longer Include the Region in Revenue Forecasts If US Export Controls Remain
NVIDIA's CEO is no longer optimistic about the company's future in China, as Jensen has revealed that the firm will not include Beijing in its revenue forecasts. With the growing influence of US export controls, NVIDIA's business in China hasn't been flourishing much compared to the rest of the
[4]
Nvidia Drops China From Guidance After $2.5 Billion Q1 Revenue Hit, CEO Jensen Huang Says He's 'Not Counting' On US Lifting Export Controls, 'But If It Happens, It Will Be A Great Bonus' - NVIDIA (NASDAQ:NVDA)
Chip giant Nvidia Corporation NVDA has revised its financial strategy after U.S. export controls blocked AI chip sales to China, resulting in a multibillion-dollar revenue shortfall in the first quarter of 2025. What Happened: Speaking to CNN in Paris on Thursday, Nvidia CEO Jensen Huang said the
[5]
Nvidia to stop including China in forecasts amid US chip export controls, CNN reports
(Reuters) -Nvidia will exclude the Chinese market from its revenue and profit forecasts following the imposition of tough U.S. restrictions on chip sales to the region, CEO Jensen Huang told CNN on Thursday. When asked whether the U.S. will lift export controls after trade talks with China in
Share
Copy Link
Nvidia CEO Jensen Huang announces the company will no longer include China in its revenue and profit forecasts due to ongoing US chip export restrictions, resulting in significant financial impacts and strategic shifts.
Nvidia's Strategic Shift in Response to US Export Controls
Nvidia, the leading AI chip manufacturer, has announced a significant change in its financial strategy in response to ongoing US export restrictions on chip sales to China. CEO Jensen Huang revealed that the company will no longer include China in its revenue or profit forecasts, marking a notable shift in Nvidia's approach to one of its largest markets
1
.
Source: Market Screener
Financial Impact and Market Challenges
The decision comes in the wake of substantial financial repercussions for Nvidia. In the first quarter of 2025, the company faced a $2.5 billion revenue shortfall due to the export controls
4
. The restrictions, which were introduced by the Trump administration in April, prevented Nvidia from selling its advanced H20 AI chips to China without a special license1
.Criticism of US Export Controls
Huang has been vocal in his criticism of the US export controls, stating that "the goals of the export controls are not being achieved"
5
. He argues that the policies have failed to reach their intended objectives and may have unintended consequences for the global AI landscape3
.Potential Implications for Global AI Development
Source: Wccftech
The Nvidia CEO has expressed concerns about the long-term implications of these restrictions. He warns that if the US continues to enforce AI semiconductor restrictions on China, it could lead to Huawei leveraging its position in the world's second-largest economy
2
. Huang emphasized the importance of global AI developers using the American technology stack rather than China's, cautioning about potential consequences if the US loses a significant portion of the world's AI researchers2
.Related Stories
Nvidia's Future Plans and Global Expansion
Despite the challenges in the Chinese market, Nvidia is actively pursuing opportunities in other regions. The company recently announced the launch of an AI factory and cloud marketplace in Europe, partnering with major players like BMW and Mercedes
2
. Additionally, Nvidia is sponsoring an ambitious UK plan to train 7.5 million workers in AI by 20302
.
Source: TechCrunch
Looking Ahead
While Huang maintains that he's "not counting on" the US lifting export controls, he acknowledges that such a change would be "a great bonus"
4
. In the meantime, Nvidia is reportedly planning to launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model, with mass production expected to start as early as June5
.References
Summarized by
Navi
Related Stories
Recent Highlights
Recent Highlights
Today's Top Stories
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.
