Huang predicted the artificial intelligence market in the world's second-biggest economy will grow 50% next year.

Startups and big tech firms like Alibaba are increasingly employing domestic alternatives to Nvidia.

“Production of Blackwell Ultra is ramping at full speed, and demand is extraordinary,” CEO Jensen Huang said.

Huang predicted the artificial intelligence market in the world's second-biggest economy will grow 50% next year.

China hawks in the US fear that even the stripped-down versions of the AI chip could allow Beijing to secure more advanced computing power.