NVIDIA CEO Jensen Huang Addresses Discussions with Trump and Surprises Over Rumors of Chinese Government’s Interest in H20 GPUs

This content does not constitute investment advice. The author does not hold any positions in the stocks mentioned within.

Jensen Huang, CEO of NVIDIA, recently expressed surprise over speculation suggesting that Chinese authorities may impose restrictions on the sales of the company’s H20 GPUs. His comments came during his visit to Taiwan for a meeting with executives from TSMC, where he emphasized his desire for a resolution to ongoing discussions with Chinese officials. Interestingly, it was under the request of the Chinese government that Huang initially collaborated with the Trump administration to secure opportunities for the H20 GPUs.

NVIDIA CEO Expresses Gratitude for H20 Licenses Amid Talks of 15% Sales Commission to U. S.Government

In addressing the recent speculation surrounding the H20 GPU, Huang conveyed his appreciation for the Trump administration’s approval of export licenses for the H20 to China. He mentioned that the Chinese authorities had raised inquiries regarding potential security vulnerabilities in their chips, stating, “I’m very grateful that the Trump administration has approved licenses for us to export H20s to China.”

In response to concerns regarding security backdoors, Huang affirmed, “We have made it very clear that the H20 has no security backdoors. There are no such things, and there never have been.”Huang expressed optimism that this clarification would alleviate the concerns of the Chinese government.

Regarding the rumors about limitations on the adoption of H20 chips within China, Huang conveyed his surprise, sharing insights from the ongoing dialogues with Chinese officials:

“We are in discussions with them, we are surprised by that, as you know they’ve requested and urged us to secure licenses for the H20s for some time. I’ve worked quite hard to help them secure the licenses. And so hopefully, hopefully, this will be resolved.”

Press conference with multiple microphones and speakers, Taiwanese news coverage. — NVIDIA CEO Jensen Huang addressing reporters in Taiwan. Image: Taiwan EBC News

Huang was further questioned about his previous discussions with President Trump, particularly concerning lifting sanctions affecting NVIDIA’s product sales. While he clarified that he did not offer direct advice to the President, he emphasized the significance of the American AI tech stack. Highlighting the pivotal role of AI, he remarked, “We are at the start of a new Industrial Revolution, ”underscoring the necessity of advancing AI technologies to support American innovation.

Huang reiterated that AI advancements are inevitable, stating, “AI is going to advance around the world with or without the United States, ”which accentuates the urgency for America to maximize its export capabilities in this emerging industry.

When questioned about the implications of a 15% revenue share on NVIDIA’s sales of H20 GPUs in China, Huang maintained positivity, expressing gratitude for the administration’s export licenses. He noted the immense demand for AI technologies in China, suggesting that the ability to supply H20 GPUs is mutually beneficial: “Shipping H20s to China is not a national security concern. It’s great for America and it’s great for the Chinese market, ”he added.

Source & Images