Jensen Huang is making a bet that patience pays off in geopolitics. The Nvidia CEO is publicly framing China as a long-term growth engine for the company, even as US export restrictions have effectively locked Nvidia out of selling its most advanced AI chips there.
Huang’s comments, made on May 23 following a US business delegation trip to Beijing earlier in the month, position the Chinese market as part of a broader $200 billion opportunity in data centers and CPUs. The estimated long-term prize specifically in China: roughly $50 billion.
The Beijing trip and what followed
Huang was part of a US business delegation led by President Donald Trump that visited Beijing from May 13 to 15. The trip was apparently productive enough for Huang to express optimism about the future of US AI chip access in China during a Bloomberg interview on May 18.
Nvidia has, by Huang’s own admission, “largely conceded” its advanced AI chip segment in China to Huawei. Still, Huang emphasized Nvidia’s 30-year commitment to China and its established customer relationships.
