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New Delhi: Nvidia CEO Jensen Huang expressed hope that the company would be given the chance to market its cutting-edge Blackwell chips on the Chinese market, but the base decision belongs to the U.S. President, Donald Trump. Holding his speech on his first official visit to South Korea after more than a decade, Huang was positive after the last encounter between Trump and Chinese President Xi Jinping, yet he did not know what they had discussed.
Following the negotiations, Trump informed the reporters on board Air Force One that semiconductors were discussed and China would be negotiating with Nvidia and other companies to take chips but added that we are not discussing the Blackwell. In spite of the limitations, Huang highlighted that Nvidia's presence in China serves the interests of the two countries, and he expressed hope that the two governments could come to a solution that would enable them to export to China again.
One of the toughest moments in the U.S.-China relations is the sale of Nvidia advanced AI chips to China, where Washington added export controls to limit the access of high-end computing power by Beijing. The American government is worried that the technology might increase the military powers of China. However, Huang has maintained that retention of China within the U.S. hardware finally gives America a stronger standing.
To circumvent the limitations, Nvidia has been designing a version of the Blackwell chip that is tailored to China, which is not as powerful as world models but stronger than the current H20 edition that is allowed to be sold in the U.S. Although the Chinese companies have shown interest, Beijing has been reportedly cooling on Nvidia, favouring local chip producers such as Huawei. Huang acknowledged that Nvidia has lowered its expectations of market share in China to zero.
Huang rejected U.S. security issues and claimed that Chinese homegrown chips are already good enough to handle military-related tasks. He commended the increased competitiveness of Huawei, saying that the capabilities of the company should not be undermined. He said it was profoundly ignorant to believe that Huawei was incapable of constructing systems. Underestimating the power of China and the amazing competitive spirit of Huawei would be a foolish mistake.