Nvidia CEO Jensen Huang waves to a crowd as he leaves the China International Supply Chain Expo (CISCE) in Beijing on July 17, 2025.
Jade Gao | Afp | Getty Images
Nvidia CEO Jensen Huang stated there is a “real possibility” the corporate brings its superior Blackwell processor to China as he urges the U.S. authorities to open up entry for American chipmakers.
He additionally predicted the synthetic intelligence market on the planet’s second-biggest financial system will develop 50% subsequent yr.
“The opportunity for us to bring Blackwell to the China market is a real possibility,” Huang stated on Wednesday in a name for Nvidia’s newest quarterly results. “We just have to keep advocating the importance of American tech companies to be able to lead and win the AI race, and help make the American tech stack the global standard.”
Huang personally visited the White House in July and August to safe export licenses for Nvidia’s current-generation chip for Chinese AI, known as the H20. In August, the White House introduced that President Donald Trump and Huang had struck a deal wherein Nvidia would obtain export licenses in alternate for 15% of China gross sales of the H20 going to the U.S. authorities.
After the assembly, Trump stated he was open to making a deal for Blackwell chips, which is Nvidia’s newest AI know-how that at the moment includes the vast majority of its information middle income.
Huang has stated that it’s higher for Chinese AI builders to use Nvidia’s chips relatively than drive them to use homegrown Chinese choices by stopping exports, which might incentivize the Chinese tech trade to catch up.
If Nvidia had been to launch a Blackwell chip in China, it might spur a considerable amount of gross sales as Chinese AI builders go for essentially the most highly effective chips obtainable. Nvidia would have to modify its Blackwell chips for the U.S. market to make them slower in sure points so as to adjust to U.S. export rules.
“The Blackwell is super-duper advanced. I wouldn’t make a deal with that,” Trump said in August, earlier than including that it was doable to make a deal for a “somewhat enhanced in a negative way” model of Blackwell.
Huang’s bullish feedback on Wednesday come after the corporate reported second-quarter year-over-year income progress of 56% to $54 billion, regardless of not promoting a single H20 chip to China throughout the quarter. Nvidia stated it launched $180 million in H20 stock to a buyer outdoors of China, which accounted for $650 million in gross sales.
Nvidia stated it isn’t relying on any H20 gross sales within the October quarter as a part of its forecast for $54 billion in income, however that the corporate might promote between $2 billion and $5 billion in H20 chips, relying on the geopolitical setting.
“If we had more orders, we can build more,” Nvidia finance chief Colette Kress stated on the decision with analysts.
Nvidia stated that whereas it had acquired some licenses after the assembly with Trump, the U.S. authorities has but to publish official rules outlining how its reduce of gross sales will work.
“USG officials have expressed an expectation that the USG will receive 15% of the revenue generated from licensed H20 sales, but to date, the USG has not published a regulation codifying such requirement,” Kress stated.
Huang informed analysts that China is the second-largest AI market on the planet.
“The China market I’ve estimated to be about $50 billion of opportunity for us this year, if we were able to address it with competitive products,” Huang stated. “And if it’s $50 billion this year, you would expect it to grow, say, 50% per year.”
Recent reports have indicated that the Chinese authorities is encouraging AI builders to use homegrown chips over these from Nvidia.
“We’re still waiting on several of the geopolitical issues going back and forth between the governments and the companies trying to determine their purchases and what they want to do,” Kress stated.
WATCH: Nvidia sales drop more than 4% as chipmaker says no Q2 H20 sales to China-based customers
