Nvidia CEO Jensen Huang waves to a society as he leaves the China Global Provide Chain Expo (CISCE) in Beijing on July 17, 2025.
Jade Gao | Afp | Getty Pictures
Nvidia CEO Jensen Huang mentioned there’s a “real possibility” the corporate brings its complex Blackwell processor to China as he urges the U.S. executive to perceptible up get right of entry to for American chipmakers.
He additionally predicted the synthetic knowledge marketplace on the earth’s second-biggest financial system will develop 50% upcoming yr.
“The opportunity for us to bring Blackwell to the China market is a real possibility,” Huang mentioned on Wednesday in a choice for Nvidia’s untouched quarterly effects. “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 in my opinion visited the White Area in July and August to conserve export licenses for Nvidia’s current-generation chip for Chinese language AI, referred to as the H20. In August, the White Area introduced that President Donald Trump and Huang had struck a trade in through which Nvidia would obtain export licenses in alternate for 15% of China gross sales of the H20 getting to the U.S. executive.
Later the assembly, Trump mentioned he used to be perceptible to creating a trade in for Blackwell chips, which is Nvidia’s untouched AI generation that recently contains the vast majority of its knowledge heart income.
Huang has mentioned that it’s higher for Chinese language AI builders to virtue Nvidia’s chips in lieu than drive them to virtue homegrown Chinese language choices through combating exports, which might incentivize the Chinese language tech trade to catch up.
If Nvidia had been to drop a Blackwell chip in China, it would spur a immense quantity of gross sales as Chinese language AI builders go for probably the most robust chips to be had. Nvidia must adjust its Blackwell chips for the U.S. marketplace to form them slower in sure facets to deliver to agree to U.S. export rules.
“The Blackwell is super-duper advanced. I wouldn’t make a deal with that,” Trump mentioned in August, prior to including that it used to be conceivable to form a trade in for a “somewhat enhanced in a negative way” model of Blackwell.
Huang’s bullish feedback on Wednesday come next the corporate reported second-quarter year-over-year income expansion of 56% to $54 billion, regardless of no longer promoting a unmarried H20 chip to China all over the quarter. Nvidia mentioned it spared $180 million in H20 stock to a buyer outdoor of China, which accounted for $650 million in gross sales.
Nvidia mentioned it’s not reckoning on any H20 gross sales within the October quarter as a part of its forecast for $54 billion in income, however that the corporate may promote between $2 billion and $5 billion in H20 chips, relying at the geopolitical state.
“If we had more orders, we can build more,” Nvidia finance leading Colette Kress mentioned at the name with analysts.
Nvidia mentioned that generation it had won some licenses next the assembly with Trump, the U.S. executive has but to post respectable rules outlining how its snip of gross sales will paintings.
“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 mentioned.
Huang advised analysts that China is the second-largest AI marketplace on the earth.
“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 mentioned. “And if it’s $50 billion this year, you would expect it to grow, say, 50% per year.”
Contemporary reviews have indicated that the Chinese language executive is encouraging AI builders to virtue homegrown chips over the ones 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 mentioned.
WATCH: Nvidia gross sales loose greater than 4% as chipmaker says disagree Q2 H20 gross sales to China-based consumers
