Nvidia CEO Jensen Huang said Wednesday in Beijing that the company hopes to deliver more advanced AI chips to China as regulations allow, according to Benzinga. Huang emphasized that technology evolves quickly and Nvidia wants its China offerings to keep pace. The H20 chip is specially modified to comply with U.S. export controls, which had been temporarily restricted. Nvidia projects an $8 billion hit in Q2 from ongoing export constraints. Huang warned that prolonged restrictions could cede China’s AI market, potentially worth $50 billion, to competitors like Huawei. While supporting U.S. domestic chip production, he urged policymakers to consider the economic consequences of export controls.
