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Nvidia CEO Jensen Huang on Tuesday said that the company is seeing “very high” customer demand in China for its H200 AI chips, which the U.S. government recently signaled that it would approve for export.
Huang added that Nvidia has started producing the chips again and is working out the final details about export licenses with the U.S. government. Nvidia’s chips are critical for companies developing artificial intelligence models.
″We’ve fired up our supply chain and H200s are flowing through the line,” Huang said at a press conference at the CES conference in Las Vegas.
Investors see the Chinese market as a massive market opportunity for Nvidia as the country’s tech companies develop their own AI models. Huang has previously said that the market could be worth $50 billion per year, and none of those sales are currently included in Nvidia’s forecasts.
