Nvidia (NVDA) CEO Jensen Huang said the company still views China as part of its long-term growth plan, even as U.S. chip rules and local Chinese policy keep that market hard to serve.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence
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Speaking in Taipei, Huang said his view of a $200 billion CPU market includes China. That is a key point for Nvidia, since the company is now pushing deeper into CPUs with its new Vera chips, not just the GPUs that made it the main name in AI chips.
On Nvidia’s recent earnings call, Huang said the Vera CPU line gives the company access to a new $200 billion market. When asked if that view includes China, he said, “I would think so.”
Meanwhile, despite the company’s latest earnings beat, NVDA shares dropped nearly 2% on Friday, closing at $215.33.
