Nvidia ($NVDA) CEO Jensen Huang said that discussions with the U.S. administration are underway to secure approval to sell a less advanced version of its Blackwell AI chip in China.
Key facts:
- Huang confirmed ongoing negotiations with the White House to enable China sales of a modified Blackwell chip.
- The proposed model is a China-specific variant, such as the B30A, designed to comply with U.S. export controls.
- Approval could allow Nvidia to access an estimated $50 billion AI chip market in China.
Relevant Companies
- Nvidia ($NVDA): Direct impact from potential China market reentry and AI chip licensing.
- AMD ($AMD): Peer chipmaker that could see competitive effects depending on U.S. export policy.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
