Credited from: INDIATIMES
Nvidia CEO Jensen Huang recently remarked that American tech companies cannot be excluded from the Chinese market, emphasizing the importance of establishing a global standard akin to the US dollar. During an interview, he noted, "I hope things will get sorted out," referring to ongoing discussions regarding access to China for American technology companies. In the company's latest quarter, Nvidia saw a revenue of $46.7 billion, marking a significant year-over-year increase, yet has not yet received orders for its H20 chips from China due to previously imposed restrictions by Washington, according to indiatimes.
In response to inquiries about negotiations for selling the Blackwell chips to China, Huang indicated that discussions have begun but will take time. President Trump is understood to support American technology's global dominance. Trump previously hinted at allowing Nvidia to sell a scaled-back version of the chips to China, which would be significantly less capable than the full version, highlighting the ongoing concerns about advanced technology fueling China's military capabilities, as noted by scmp and trtglobal.
During the discussions, Huang signaled Nvidia's willingness to comply with the US government's requirements, including potentially agreeing to a 15% share of sales in China. He stated, "Whatever it takes to get it approved for us to be able to sell in China is fine with us," reflecting Nvidia's commitment to accessing this lucrative market valued at $50 billion. Huang expressed optimism that sales of their AI chips could help reshape industries worldwide, despite concerns from US officials about the implications for national security, according to indiatimes and trtglobal.