Nvidia CEO urges improved US-China trade relations amid AI chip ban: 'Significant source of revenue'

Core Viewpoint - Nvidia CEO Jensen Huang emphasizes the necessity for improved U.S.-China trade relations, asserting that access to the Chinese market is crucial for maintaining American competitiveness in artificial intelligence (AI) [1][2]. Group 1: Importance of Access to Chinese Market - Huang argues that re-entering the Chinese market is essential for American companies to compete globally, benefiting both the U.S. tech ecosystem and the American public [2]. - He highlights that greater access to U.S. technology would also positively impact China's industry and ecosystem, advocating for collaboration between both governments [4]. Group 2: Current Sales and Market Potential - Due to U.S. export restrictions, Nvidia's chip sales to China are projected to be zero for the next two quarters, significantly impacting revenue [4][6]. - The Chinese AI chip market is valued at approximately $50 billion and is expected to grow to as much as $200 billion by the end of the decade, representing a substantial opportunity for Nvidia if access is regained [6][7]. Group 3: Regulatory Environment - Huang's comments come in the context of President Trump's reaffirmation of a ban on exporting Nvidia's most advanced AI chips to China, indicating a challenging regulatory environment for American tech companies [9][12].