Nvidia Chief Executive Officer Jensen Huang said the company has opened discussions with the White House on gaining export approval to sell its next-generation Blackwell graphics processors in China. Huang told Fox Business that the talks “will take a while,” and indicated Washington may only clear a version whose performance is 30%–50% below the flagship model to comply with U.S. national-security rules. Chief Financial Officer Colette Kress added that Nvidia has excluded any revenue from its China-focused H20 accelerator from its third-quarter outlook because it has “not seen orders yet.” If geopolitical constraints ease, the company believes it could ship US$2 billion to US$5 billion worth of H20 hardware to China in the period, with additional upside should demand materialize. Huang estimates the broader Chinese market for artificial-intelligence computing at roughly US$50 billion. Huang said Nvidia is prepared to “do whatever it takes” to secure approval, including sharing a portion of the proceeds, after reports that U.S. officials are considering a 15% levy on China sales. The negotiations come amid tightened U.S. export controls aimed at curbing Beijing’s access to advanced AI chips, leaving Nvidia reliant on government clearance to tap what it views as a critical growth market.
Nvidia Awaits Rules on US Plan to Take 15% of China Sales https://t.co/GoyGyu3myi #technews #technology https://t.co/Yi71pDdySB
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