Nvidia CEO Jensen Huang 'Optimistic' About Resuming Blackwell Chip Sales To China: 'There Is No Replacing Them'
Nvidia CEO Jensen Huang 'Optimistic' About Resuming Blackwell Chip Sales To China: 'There Is No Replacing Them'
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Nvidia CEO Jensen Huang 'Optimistic' About Resuming Blackwell Chip Sales To China: 'There Is No Replacing Them'

🕒︎ 2025-10-31

Copyright Benzinga

Nvidia CEO Jensen Huang 'Optimistic' About Resuming Blackwell Chip Sales To China: 'There Is No Replacing Them'

Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang is optimistic about the potential to resume sales of the chipmaker’s advanced chips in China, but emphasized the importance of addressing U.S. national security concerns. Trump To Make The Final Decision In an interview on the sidelines of the Asia Pacific Economic Co-operation 2025 (APEC) Summit, Huang was asked if he would want Nvidia’s Blackwell AI chip to be sold in China. He responded, “I hope so. But that’s a decision for President (Donald) Trump to make.” Addressing the national security concerns surrounding the export of technology to China, Huang pointed out that China already produces a considerable amount of AI chips and has limited access to American chips. He called the Chinese market “important” and “vibrant,” expressing his hope for American companies to be able to participate in it. When asked if it is ‘justified’ that Nvidia is locked out of the Chinese market amid the trade tensions, Huang stated, “I’ll keep being optimistic that China…would want American companies to be in the China market…because China wants to be a region, a market where people invest.” “There is no replacing them,” he said. See Also: Analysts Warn Fed’s Balance Sheet Shift Could Have ‘Larger Impact’ Than Interest Rates In The Near Future Nvidia’s South Korean Deal The company announced a deal to supply over 260,000 AI chips to South Korea, including to the government and major corporations like Samsung (OTC:SSNLF), Hyundai Motor (OTC:HYMTF), and SK Group, earlier on Friday. Meanwhile, Trump has urged China to have direct discussions with Huang, without mentioning Blackwell chips. According to Benzinga Edge Stock Rankings, Nvidia has a growth score of 97.93% and a momentum rating of 89.21%. Click here to see how it compares to other leading tech companies. Price Action: On a year-to-date basis, Nvidia stock surged 46.63% to close at $202.81 on Thursday, as per data from Benzinga Pro. READ NEXT: Trump And Xi Found A Trade Truce—But Wall Street Wanted More Image via Shutterstock

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