Nvidia executives pressed Washington to approve sales of Blackwell accelerators to China, arguing licensed sales are for beneficial commercial use and would bolster the US economy and global AI standards. CFO Colette Kress emphasized that every licensed sale benefits the US economy and framed America’s AI stack as a potential global standard. CEO Jensen Huang estimated China could have been a $50 billion market this year if competitive products were permitted. Nvidia is preparing a more powerful Blackwell part for China while awaiting White House licenses, navigating export controls on H20 shipments, and contesting a claimed but uncodified 15 percent US revenue cut.
"Our products are designed and sold for beneficial commercial use, and every licensed sale we make will benefit the US economy," CFO Colette Kress told analysts. "America's AI technology stack can be the world's standard if we race and compete globally."
CEO Jensen Huang estimates that China would have been a $50 billion market for Nvidia this year alone if the company "were able to address it with competitive products."
Nvidia is reportedly preparing a more powerful Blackwell part for sales in the Chinese market in anticipation the White House will grant the licenses necessary to sell it. President Donald Trump has suggested he's open to the idea. The request comes as Nvidia prepares to miss out on yet another quarter of H20 sales in the Middle Kingdom while it waits for Uncle Sam to grant export licenses and figure out how to collect its 15 percent cut of the revenues.
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