Jensen Huang: "Hope to Continue Cooperation with China, Providing Services in the Chinese Market Without Wavering"

Jensen Huang, CEO of NVIDIA, stated that "China is a very important market for NVIDIA" and expressed hope to "continue cooperating with China."

According to China's state-run China Central Television (CCTV) on the 17th, CEO Huang arrived in Beijing upon invitation from the China Council for the Promotion of International Trade (CCPIT) and held talks with CCPIT Chairman Ren Hongbin, where he made these remarks. Huang also commented on the U.S. Department of Commerce's export controls on NVIDIA's 'H20' chips to China. He explained, "The U.S. government's strengthened semiconductor export controls have already had a significant impact on NVIDIA's business."

Additionally, CEO Huang said, "NVIDIA can grow and succeed alongside the Chinese market," adding, "(China's) rapid industrial ecosystem development and leading software capabilities have become important driving forces for us to continue innovating." He further emphasized, "NVIDIA will continue to spare no effort in optimizing product systems to meet regulatory requirements and will serve the Chinese market unwaveringly."

CEO Huang's visit to China came amid the U.S. announcing its first export restrictions on NVIDIA to China since the Trump administration took office. NVIDIA was notified by the U.S. government on the 9th that export of H20 chips to China requires government approval, and on the 14th, it was informed that the regulations would be applied indefinitely.

This visit marks CEO Huang's first trip to China in three months since January of this year. At that time, it was just before the inauguration of Donald Trump, who had announced a tough stance on China. Unlike other IT company leaders, Huang did not attend President Trump's inauguration and instead visited NVIDIA branches in Taiwan and China.

The H20 chip is a product NVIDIA developed to circumvent export controls to China. In 2022, then-President Joe Biden regulated the export of advanced U.S.-made semiconductors to China citing national security concerns, banning the export of NVIDIA's flagship H100 chips. In response, NVIDIA produced the lower-performance H20 chips for export to China. The Trump administration further tightened regulations, claiming that H20 chips could also be used in China's supercomputers.