Nvidia CEO Jensen Huang Says Company Won’t Sell Blackwell AI Chips in China
Nvidia CEO Jensen Huang said the company has no plans to ship its new Blackwell AI chips to China due to trade rules and halted export talks.
Key Points
Nvidia has stopped selling its AI chips in China, CEO Jensen Huang confirmed.
The company has no talks or plans to restart China shipments.
U.S. export limits prevent Nvidia from sending its new Blackwell chips to China.
Huang said Nvidia’s China share plunged from 95% to zero.
Nvidia shares fell 1.4% Friday, down nearly 9% this week.
Nvidia chief executive Jensen Huang said Friday that the company has no immediate plans to resume chip sales in China, closing the door for now on speculation that its new Blackwell processors might reach the Chinese market.
Speaking in Taiwan, Huang told reporters there were “no active talks” about reviving business with Chinese partners. “At this point, we’re not shipping anything to China,” he said. “It will depend on when the Chinese side is ready to see Nvidia products back in their market.”
His comments come amid rumors that Washington and Beijing’s recent cooling of trade tensions could allow Nvidia to reenter China with restricted hardware. But even as both governments signaled a thaw last month, U.S. President Donald Trump reiterated that Nvidia’s most powerful AI chips must stay with American firms and won’t be exported.
Huang has been open about how deeply U.S. restrictions have cut into Nvidia’s operations in China. In earlier remarks, he said the company’s local business had effectively disappeared, dropping from “about 95% share to zero” within a year.
“For planning purposes, we assume nothing from China,” Huang said at a Citadel Securities forum. “If that changes, it’ll just be upside for us.”
During last week’s GTC developers conference in Washington, Huang added that Chinese officials had made it clear they were not ready for Nvidia’s return. “I hope that position changes,” he said.
Nvidia shares slipped roughly 1.4% in early trading on Friday, extending a five-day decline of about 9% alongside other major technology stocks.
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