Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he ders a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025.
Patrick T. Fallon | Afp | Getty ImagesLONDON — Nvidia CEO Jensen Huang has weighed in on the U.S.
giant's struggles in China after a report claimed the country has banned its artificial intelligence chips.Huang said he was "disappointed" after the Financial Times on Wednesday reported that the Cyberspace Administration of China had ordered companies including TikTok parent company ByteDance and Alibaba not to buy Nvidia's RTX 6000D, a chip that was made for the country.In response to a question on the FT report, Huang said Wednesday that "we can only be in service of a market if the country wants us to be.""We bably contributed more to the China market than most countries have.
And I'm disappointed with what I see," Huang said.
"But they have larger agendas to work out between China and the United States, and I'm understanding of that."It comes after a tumultuous few years for Nvidia's in China, which Huang described as "a bit of a roller coaster.""We've guided all financial analysts not to include China" in financial forecasts, Huang told reporters Wednesday at a press briefing in London.
"The reason for that is because that's largely going to be within the discussions of the United States government and Chinese government."watch now3:3303:33House Speaker Mike Johnson: China is straining U.S.
relations with Nvidia chip banSquawk BoxPreviously, the U.S.
had imposed restrictions on exports of Nvidia's AI chips to China — including a less powerful server chip called the H20 — over national security concerns.However, in August, the White House announced that President Donald Trump and Huang had struck a deal under which Nvidia would receive export licenses in exchange for 15% of Chinese sales of the H20 going to the U.S.
government.The news Wednesday represents yet another blow to Nvidia's China .
Earlier this week, China's State Administration for Market Regulation opened an anti-monopoly investigation into Nvidia over its acquisition of Mellanox, an Israeli nology company that creates network solutions for data centers and servers.Read more CNBC newsNvidia CEO says he's 'disappointed' after report China has banned its AI chipsAmazon CEO Jassy says company is reducing bureaucracy, which is 'anathema' to innovationOracle and Silver Lake part of TikTok investor group as Trump extends deal deadlineMeta Connect 2025: AI-powered smart glasses take center stageHuang is accompanying Trump on his state visit to the U.K.
this week.On Tuesday, Nvidia announced £11 billion ($15 billion) of investment into U.K. AI infrastructure. And it was not alone — a slew of other U.S.
giants, including Microsoft, Google and Salesforce, have also announced multibillion-dollar AI investments in the country.Regardless of the current geopolitical situation, Huang stressed the importance of China's AI sector."The Chinese market is important.
It's large. The nology industry is vibrant.
We've been in service of it for 30 years," the Nvidia boss said.He added Nvidia would "continue to be supportive of the Chinese government and Chinese companies as they wish, and we're of course going to continue to support the U.S.
government as they all through these geopolitical policies."