Nvidia shares edged higher on Friday after CEO Jensen Huang expressed optimism about selling the company’s advanced Blackwell AI chips in China, though he acknowledged the final decision rests with U.S. President Donald Trump.
Market Reaction
Nvidia’s stock (NASDAQ: NVDA) rose modestly on Friday, buoyed by investor sentiment following CEO Jensen Huang’s remarks during his visit to South Korea. Huang stated he hopes the company’s Blackwell AI chips—its most advanced processors—can be sold in China, but emphasized that export approval lies with the U.S. administration Yahoo Finance UK WinBuzzer.
Strategic Importance
The comments came a day after President Trump and Chinese President Xi Jinping held talks in Seoul, where semiconductors were reportedly discussed. Trump later told reporters that China would “be talking to Nvidia and others about taking chips,” but clarified, “We’re not talking about the Blackwell” Yahoo Finance UK.
Huang described China as a “vibrant and important market,” noting that Nvidia’s presence there had previously accounted for up to 95% market share, which has since dropped to zero due to U.S. export controls on high-performance AI chips WinBuzzer.
Geopolitical Context
The potential sale of Blackwell chips to China is complicated by national security concerns, with Washington aiming to restrict China’s access to advanced semiconductors that could enhance military capabilities. Huang acknowledged these concerns but remained hopeful that American companies could participate in China’s tech ecosystem responsibly Benzinga.
Industry Implications
The Blackwell architecture, unveiled earlier this year, is designed for large-scale AI model training and inference, making it a cornerstone of Nvidia’s future growth strategy. Analysts say access to the Chinese market could significantly boost Nvidia’s revenue, but regulatory hurdles remain high.
Sources:
Yahoo Finance UK , WinBuzzer , Benzinga
