Nvidia CEO Jensen Huang owns a Blackwell Geforce RTX 50 Series GPU (L) and an RTX 5000 laptop for his keynote speech at the Consumer Electronics Show (CES) held in Las Vegas, Nevada on January 6, 2025.
Patrick T. Fallon | AFP | Getty Images
London – nvidia CEO Jensen Huang has placed emphasis on the US technology giant’s struggle in China after reporting that the country banned artificial intelligence chips.
Huang said he was “disappointed” after Financial Times on Wednesday reported that China’s Cyberspace Management ordered companies, including Tiktok’s parent company, Bytedance and Alibaba, not to buy Nvidia’s RTX Pro 6000D.
In response to questions from the FT report, Huang said Wednesday, “If we want us, we can serve the market.”
“It’s likely that they contributed more to the Chinese market than most countries. “But they have a bigger agenda to work well between China and the US. I understand that.”
It comes after a few turbulent years for Nvidia’s business in China. This was described by Huang as “a little roller coaster.”
“We have led all financial analysts to not include China,” fans told reporters on Wednesday at a press conference in London. “The reason is that it is primarily within the scope of discussion between the US and Chinese governments.”
Previously, the US had placed national security concerns on exporting Nvidia’s AI chips to China (including a much stronger server chip called the H20).
However, in August, the White House announced that President Donald Trump and President Huang had launched a deal in which H20 receives export licenses in exchange for 15% of China’s sales to the US government.
Wednesday’s latest news represents yet another blow to Nvidia’s Chinese business. Earlier this week, China’s market regulations launched an anti-exclusive investigation into Nvidia regarding the acquisition of Mellanox, an Israeli technology company that creates network solutions for data centers and servers.
Huang is accompanying Trump on a state visit to the UK this week.
On Tuesday, NVIDIA announced a £11 billion ($15 billion) investment in the UK’s AI infrastructure. And it wasn’t alone – many including other US tech giants Microsoft, Google and Salesforcehas also announced billions of dollars in AI investments in the country.
Regardless of the current geopolitical situation, Huang emphasized the importance of China’s AI sector.
“The Chinese market is important. It’s big. The technology industry is lively. We’ve been doing it for 30 years,” said the Nvidia boss.
He added that Nvidia “continues to support the Chinese government and Chinese companies as they wish, and of course we will continue to support the US government by sorting all of these geopolitical policies.”
