Nvidia Eyes China Chip Sales

Nvidia CEO Jensen Huang expressed his desire to sell Blackwell chips in China, but acknowledged the decision rests with the US government. Speaking in South Korea, Huang stated that Nvidia's presence in China would benefit both countries. Despite this hope, Nvidia anticipates a potential 'zero' market share in China due to existing restrictions.

The US government has been tightening export controls on advanced AI chips to China, aiming to limit the country's technological advancements, particularly those with military applications. Huang has previously argued against these restrictions, suggesting that China's reliance on US hardware is advantageous for America. Nvidia had been developing a modified Blackwell chip for the Chinese market, but the Chinese government is reportedly favouring domestic chip manufacturers.

China remains a significant importer of chips, accounting for nearly 55% of the global market in the first half of 2025. The US restrictions have caused Nvidia's market share in China to plummet from 95% to zero. Huang has voiced concerns that being excluded from the Chinese market could harm the US more than China.