Nvidia CEO Jensen Huang has hinted that his company may one day sell its flagship Blackwell AI chips to China, despite the US imposing export controls on the advanced technology. Speaking at a press conference in South Korea during the Asia-Pacific Economic Cooperation summit, Huang expressed hope that Nvidia could participate in the Chinese market, citing it as "really good for America and really good for China."
However, he noted that no decisions have been made yet, and added that any move would require approval from President Donald Trump. The US has restricted the sale of cutting-edge AI chips to China, including Blackwell chips.
Interestingly, Trump earlier stated that export controls on Nvidia's Blackwell AI accelerators were not discussed during his face-to-face talks with Chinese President Xi Jinping. When asked if he had brought up the issue, Trump said "we'll be speaking about Blackwells" and described them as "super duper." Despite this, he noted that discussions between China and Nvidia are ongoing.
It's worth noting that Nvidia has already received export licenses to allow the shipment of its H20 chips to China. However, Chinese authorities have blocked these shipments due to concerns over national security.
The developments around Nvidia's relationship with China come as the company's shares surged in premarket trading on Friday, up nearly 2% from Thursday's close. If this trend continues, Nvidia's market capitalization will surpass $5 trillion for the second time this week.
In the meantime, it seems that the US and China are engaging in a delicate dance over the export of advanced AI technology. As tensions continue to simmer, one thing is certain: Nvidia's Blackwell chips remain at the center of the debate.
However, he noted that no decisions have been made yet, and added that any move would require approval from President Donald Trump. The US has restricted the sale of cutting-edge AI chips to China, including Blackwell chips.
Interestingly, Trump earlier stated that export controls on Nvidia's Blackwell AI accelerators were not discussed during his face-to-face talks with Chinese President Xi Jinping. When asked if he had brought up the issue, Trump said "we'll be speaking about Blackwells" and described them as "super duper." Despite this, he noted that discussions between China and Nvidia are ongoing.
It's worth noting that Nvidia has already received export licenses to allow the shipment of its H20 chips to China. However, Chinese authorities have blocked these shipments due to concerns over national security.
The developments around Nvidia's relationship with China come as the company's shares surged in premarket trading on Friday, up nearly 2% from Thursday's close. If this trend continues, Nvidia's market capitalization will surpass $5 trillion for the second time this week.
In the meantime, it seems that the US and China are engaging in a delicate dance over the export of advanced AI technology. As tensions continue to simmer, one thing is certain: Nvidia's Blackwell chips remain at the center of the debate.