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Nvidia Corp CEO Jensen Huang, speaking days after he joined President Donald Trump\u2019s summit in China, said he expects Chinese authorities will eventually allow the import of artificial intelligence chips from the US.<\/p>\n
\u201cThe Chinese government has to decide how much of their local market do they want to protect,\u201d Huang said in an interview Monday with Bloomberg Television. \u201cMy sense is that over time the market will open.\u201d<\/p>\n
The Nvidia chief was a last-minute addition to the delegation of American business leaders for Trump\u2019s high-stakes meetings in Beijing with Chinese leader Xi Jinping. Huang\u2019s presence on the trip stirred speculation among investors and China hawks in Washington that Nvidia might achieve a breakthrough on shipping AI chips to the world\u2019s second-largest economy.<\/p>\n
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Huang said he didn\u2019t discuss directly with Chinese officials the company\u2019s effort to sell its H200 AI chips to customers in China, though he acknowledged that the topic came up during discussions between officials from both sides. \u201cPresident Trump had some conversations with the leaders and I\u2019m looking forward to what they decide,\u201d Huang said.<\/p>\n
On Friday, after his return to Washington, Trump\u00a0said\u00a0that Nvidia\u2019s H200 chips \u201cdid come up, and I think something could happen on that,\u201d without elaborating further. The president added that China hasn\u2019t approved purchases of the H200 chips \u201cbecause they chose not to, they want to develop their own.\u201d<\/p>\n
Trump agreed in December to allow Nvidia to ship its H200 AI chips to Chinese customers, a decision that marked a significant easing of measures aimed at restraining China\u2019s growth in AI. Since then, the US Commerce Department has granted licenses to clear the way for those sales. Yet officials in Beijing have held up purchases by companies in China, owing in part to their desire to achieve self-sufficiency in semiconductors and boost domestic champions like Huawei Technologies Co.<\/p>\n
Huang has previously identified China as a $50 billion opportunity for Nvidia, though the company earlier this year maintained its projection of zero sales for AI chips in the Chinese market. Nvidia reports its results on Wednesday, when investors will be looking for an update on the prospects for AI chip shipments to China.<\/p>\n
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In March, Huang said that Nvidia had received US clearance for shipments to \u201cmany customers\u201d in China and was preparing to fire up H200 production accordingly. Though the Nvidia did receive orders, according to a person familiar with the matter, Chinese companies later informed the company that they could not actually fulfill the purchases.<\/p>\n
\u00a9\u00a02026\u00a0Bloomberg L.P.<\/p>\n
#China #open #market #chips #Nvidias #CEO<\/p>\n","protected":false},"excerpt":{"rendered":"
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