Nvidia’s Jensen Huang Says He’s Talking With Trump Admin on Selling Blackwell Chips to China

Nvidia boss Jensen Huang says he’s “optimistic” that the company’s most powerful AI chip, the Blackwell, could eventually make its way into China—if Washington gives the green light.

Speaking on FOX Business’ The Claman Countdown, Huang revealed he’s been in direct talks with the Trump administration about loosening export restrictions, framing the move not as a concession to Beijing, but as a way for the US to extend its dominance in the global AI race.

“President Trump understands that having the world build AI on American tech stack helps America win,” Huang said. “He wants American technology all over the world, just like the US Dollar is the global standard.”

For now, there’s no timeline for a deal. But the stakes are massive: China is the world’s second-largest computing market and home to half of the world’s AI researchers. Huang sees it as a $50 billion opportunity, with growth potential north of 50% annually.

Nvidia has been riding a two-year AI boom, but the company’s latest earnings showed a soft spot: zero sales of its H20 chip to China last quarter, a shortfall that shaved about $4 billion off data center revenue. The Trump administration had barred H20 shipments in April, later easing restrictions in July in exchange for a 15% cut of revenue from any China sales.

That hasn’t yet translated into new orders, and Nvidia’s third-quarter forecast of $54 billion rattled investors who had hoped for an even bigger beat. The company’s shares dipped about 2% despite still posting record-breaking numbers.

Huang remains bullish:

• He expects $3 trillion to $4 trillion in AI infrastructure spending by the end of the decade.
• He argues that AI is a new “industrial revolution” that will boost productivity, GDP, and even shorten the workweek to four days.
• And he’s confident that Nvidia’s chips—already sold out years in advance—will remain at the core of that boom.

The Blackwell line is Nvidia’s flagship, designed to power everything from hyperscale data centers to advanced robotics. Customers outside China have already locked in orders through 2026, but Beijing has been shut out under US export controls.

That’s what Huang is lobbying to change. He insists allowing Nvidia to sell Blackwell into China wouldn’t weaken the US—it would do the opposite.

“The more the world builds AI on the American tech stack, the stronger America’s position becomes,” Huang told FOX Business.

Nvidia now makes up 8% of the S&P 500’s total value, meaning any disruption to its growth story sends shockwaves across the market. With export controls still hanging over the company’s China business, Wall Street is watching closely to see how the talks with Trump unfold.

For Huang, it’s simple: AI’s future should be built on US technology, and that includes China. The only question now is whether Washington agrees.

With input from Reuters, Axios, FOX Business, Business Insider, Reuters, and Bloomberg.