Nvidia CEO Jensen Huang has said that the chipmaker is willing to accept the US government terms, including a 15% cut of China sales.
In an interview with Fox Business Network’s "The Claman Countdown," Hunag said “The conversation will take a while, but ... President Trump understands that having the world build AI on the American tech stack helps America win the AI race.” Asked if Nvidia would agree to 15% of Blackwell sales to China, the CEO of world’s most valuable company said “I don't know that it's 'forced to say yes,' but ultimately, it's in the best interest of the world, of our country, for us to be able to sell in China”.
"So whatever it takes to get it approved for us to be able to sell in China is fine with us," he added.
Nvidia came to an agreement with the Trump administration over its H20 AI chips to yield 15% of its China sales for export licenses. The company still hasn't received any H20 chip orders from Chinese customers in spite of the deal.
Nvidia CEO Jensen Huang made the announcement that the company is having initial talks with the White House regarding exporting a watered-down version of its Blackwell chip to China. Trump explains that this watered-down version would run at 30–50% less performance than the original.
Pointing to the size of the opportunity, Huang had estimated the Chinese AI market could generate enormous revenue for Nvidia. "My hope is that we'll be able to go back and address a significant part of that $50 billion," he said.
While Washington is being wary—afraid even limited access to advanced semiconductors may enhance Beijing's military and artificial intelligence capabilities—Nvidia still sees China as a key growth market. Huang made this clear, stating the market could be worth up to $50 billion for the company.
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