<\/p>\n
Nvidia Corp. CEO Jensen Huang speaks to members of the media while arriving for a meeting on Capitol Hill in Washington on Dec. 3.<\/p>\n
(Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang said he\u2019s unsure whether China would accept the company\u2019s H200 artificial intelligence chips should the US relax restrictions on sales of the processors, following a meeting Wednesday with President Donald Trump.<\/p>\n
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Addressing reporters at the US Capitol, Huang said he and Trump talked about export controls but declined to offer specifics. The Nvidia chief\u2019s meeting with the president comes after Trump administration officials discussed whether to allow the H200 to be sold in China. Asked whether authorities in Beijing would allow Chinese companies to buy the H200, Huang expressed uncertainty.<\/p>\n
\u201cWe don\u2019t know. We have no clue,\u201d Huang said, as he headed into a closed-door meeting with members of the Senate Banking Committee, which has jurisdiction over export controls. \u201cWe can\u2019t degrade chips that we sell to China, they won\u2019t accept that.\u201d<\/p>\n
During an Oval Office event later Wednesday, Trump sidestepped questions about the status of export controls but praised Huang as doing \u201can amazing job.\u201d<\/p>\n
Allowing H200 sales to China would mark a significant win for the world\u2019s most valuable company, which has pressed the Trump administration and Congress for a relaxation of export controls that keep Nvidia from selling its AI chips in the world\u2019s second-largest economy. Huang has forged a close relationship with Trump since the November election and has used those ties to make his case that restrictions only boost China\u2019s domestic champions like Huawei Technologies Co.<\/p>\n
Asked how often he\u2019s in Washington, Huang said \u201cWhenever President Trump would like me to be here.\u201d<\/p>\n
Huang\u2019s visit to the nation\u2019s capital came as Nvidia neared a major lobbying win in Congress, where lawmakers kept a provision out of must-pass defense legislation that would have limited the company\u2019s ability to sell its advanced AI chips to China and other adversary nations. The so-called GAIN AI Act would require chipmakers, including Nvidia and Advanced Micro Devices Inc., to give American customers first dibs on their powerful AI chips before selling in China and other arms-embargoed countries.<\/p>\n
As the Banking Committee meeting concluded, Republican Senator Mike Rounds acknowledged Nvidia\u2019s desire to compete globally. \u201cThey want the customers around the world,\u201d Rounds, a member of the panel, told reporters. \u201cWe understand that. And at the same time, we\u2019re all concerned, including Jensen, with regard to having restrictions on what goes to China.\u201d<\/p>\n
Jensen Huang signs an autograph while arriving for a meeting with members of the Senate Banking Committee in Washington on Wednesday.Photographer: Graeme Sloan\/Bloomberg <\/p>\n
Republican Senator Cynthia Lummis said that the GAIN AI measure didn\u2019t come up during Huang\u2019s meeting with the committee and described the conversation as \u201ceducational.\u201d<\/p>\n
Following an evening appearance hosted by a Washington think tank, Huang said that Trump and other administration officials were considering whether to allow the H200 sales to China. US Commerce Secretary Howard Lutnick has previously said that the final decision on the chips would rest with Trump.<\/p>\n
Any easing of export restrictions would mark a significant shift from policies imposed starting in 2022 to keep Beijing and its military from accessing the most powerful US technologies. Such a move would provoke sharp opposition from national-security hawks in Washington who have favored export controls as a way to keep adversaries like China from gaining ground in the AI race.<\/p>\n
This summer, Nvidia won approval to sell its less-powerful H20 chip, designed to fall just below existing export limits, but China promptly told potential domestic customers to shun the product and rely instead on processors made by Chinese companies. More recent efforts by Nvidia to win US permission to export a hobbled version of its most advanced Blackwell-generation chip failed to materialize during an October meeting between Trump and Chinese President Xi Jinping.<\/p>\n
The H200, which began shipping to customers last year, is designed to both train and run AI models. The prospect of selling a higher-caliber processor to China bolstered arguments by lawmakers from both parties who have pressed unsuccessfully for the GAIN AI Act\u2019s adoption. Senator Elizabeth Warren, the top Democrat on the banking panel, has warned that allowing sales of the H200 to China would \u201cturbocharge China\u2019s military and undercut American technological leadership.\u201d<\/p>\n
In a letter Wednesday to Lutnick, Warren urged the administration to maintain limits on sales of Nvidia\u2019s advanced AI chips to China and expressed concern over what she called a lack of transparency in the decision-making on export controls. \u201cWe should not allow Big Tech firms like Nvidia to sell sensitive technology to governments that do not share our values,\u201d Warren wrote, in a letter co-signed by fellow Democrat Andy Kim.<\/p>\n
Last month, Huang said that China represented a $50 billion market for his company, though for now Nvidia has excluded data center revenue from the Asian nation from its financial forecasts. \u201cWe would love the opportunity to be able to reengage the Chinese market,\u201d he said in a Bloomberg Television interview, adding that China sales would benefit Americans as well as people across the globe as Chinese open-source models \u201cleave China and are used all over the world.\u201d<\/p>\n
–With assistance from Roxana Tiron, Skylar Woodhouse and Steven T. Dennis.<\/p>\n
(Updates with Trump remarks in fourth paragraph and Huang comment in 10th paragraph.)<\/p>\n
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