Nvidia CEO says being locked out of China AI market would be 'tremendous loss'
- On May 6, 2025, Jensen Huang, CEO of Nvidia, expressed that being excluded from China's AI market because of U.S. Export restrictions would represent a significant setback for the company.
- The U.S. Government expanded export controls last month, limiting shipments of Nvidia's H20 AI chips tailored for China without a license, impacting Nvidia's market access.
- Nvidia recently took a $5.5 billion quarterly write-off related to the H20 chip restrictions, while China accounted for about 14% or $17.1 billion of its revenue last year.
- Huang noted China's AI market could grow to roughly $50 billion within two to three years and emphasized that selling there would bring back U.S. Revenue, taxes, and create jobs.
- The restrictions suggest Nvidia’s historic growth may slow as the company remains flexible with policies but warns losing China could damage U.S. Economic and national security interests.
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Nvidia’s CEO Jensen Huang warns of a 'tremendous loss' if U.S. firms lose access to China’s $50 billion AI market
“China is a very large market. It’s probably going to be a $50 billion market in the next couple or three years," Huang predicted in a TV interview.
·New York, United States
Read Full ArticleNVIDIA CEO says China’s AI chip market could reach $50 billion, vital for US companies · TechNode
NVIDIA CEO Jensen Huang told CNBC on Tuesday that China’s AI chip market could reach $50 billion in the coming years, making it crucial for US companies to gain access. “It would be a tremendous loss not to be able to address it as an American company,” Huang said in an interview on the US network. “It’s going to bring back revenues. It’s going to bring back taxes. It’s going to create lots of jobs here in the United States.” Huang is lobbying t…
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