NVIDIA CEO says company hopes to sell Blackwell chips to China
NVIDIA founder and CEO Jensen Huang said he hopes the company can “someday” sell its Blackwell AI chips to China.
Answering a reporter’s question at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, Huang said he believes both America and China would benefit from NVIDIA’s participation in the Chinese market.
NVIDIA has faced an effective ban on selling its most advanced AI chips to China since 2022 under U.S. export rules aimed at restricting access to high-end accelerators. The company developed China-specific variants to comply with these controls, while Beijing has promoted local alternatives.
At NVIDIA’s GPU Technology Conference (GTC) in Washington, Huang said the company hasn’t applied for licenses to sell Blackwell chips in China, citing signals from Beijing discouraging local firms from buying its AI products. The company has developed lower-power, compliant versions for China, but demand remains weak as buyers shift toward domestic chips. Blackwell chips are now in full production in Arizona.
Blackwell was expected to be a topic during the meeting between the U.S. and Chinese presidents on October 30, 2025. Ahead of the dialogue, Donald Trump praised the chip and said it might come up in discussions. After the meeting, he told reporters aboard Air Force One that they discussed NVIDIA and the broader chip market, though Blackwell sales in China were not specifically addressed. Trump also mentioned that China will hold talks with NVIDIA and other chipmakers about purchasing their products.
NVIDIA remains the world’s most valuable publicly traded company, with a market cap above $4.9 trillion, according to companiesmarketcap.com. Its stock trades at $202.81, up 10.35% over the past five days.
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