Nvidia CEO Huang Optimistic About Resuming Blackwell AI Chip Sales To China Amid US Export Controls

Nvidia CEO Jensen Huang expressed optimism about resuming sales of the company's advanced Blackwell AI chips in China, emphasizing the importance of addressing U.S. national security concerns, a decision he noted ultimately lies with President Donald Trump. Huang highlighted China's significant AI chip production and research, asserting that China is a "singular, vital" market that cannot be replaced and that cooperation benefits both the U.S. and China. Despite U.S. export curbs limiting Chinese access to advanced semiconductors, Huang challenged the national security rationale, pointing out China's self-sufficiency in AI chips and technology. President Trump acknowledged discussions with Chinese leaders about Nvidia chip exports but clarified that the most advanced Blackwell chips were not part of those talks. Nvidia's market share in China has declined amid tightening U.S. export controls, but Huang remains hopeful about future access. Meanwhile, Nvidia's valuation surged, briefly reaching $5 trillion, driven by strong global demand for AI chips and CEO Huang's confidence in the sustained growth of AI technology beyond speculative trends.