Nvidia CEO Jensen Huang emphasized the importance of US tech companies remaining active in China, likening the American tech stack to the US dollar as a global standard, according to Yahoo Finance. Following strong Q2 earnings, including $41.1B in data center revenue, Huang confirmed Nvidia is licensed to sell chips in China and is seeking new orders, though current guidance excludes Chinese sales. Any future revenue from the region would be a “bonus.” Huang also discussed Nvidia’s growing networking business and gaming success, highlighting how AI is being brought back into GeForce to enhance performance. They write:
Nvidia CEO Jensen Huang says US tech companies can’t be left out of the China market and that they need to serve as a worldwide standard, akin to how the US dollar is the world’s top reserve currency. […]
The CEO of the world’s most valuable company said that Nvidia is getting the engine “fired back up” to sell chips into the country and already has licenses from the US government.
“We’ve been approved and licensed to be able to ship to China, and now we’re looking for orders in China,” Huang added. […]
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