Nvidia CEO Jensen Huang expects China to reopen market for US AI chips

Nvidia Chief Executive Jensen Huang said he expects China to eventually reopen more fully to American AI chips, a sign that one of the world’s most important technology markets could again become available to the US chipmaker after months of uncertainty. Speaking in Las Vegas during Dell Technologies World and shortly after a trip to China with President Donald Trump and other US business leaders, Huang said he believes Chinese authorities will allow imports of US AI chips over time, according to Bloomberg.

The comments matter because China has long been a major market for Nvidia, and access to it has been constrained by tightening export controls and geopolitical tensions between Washington and Beijing. Huang said he did not discuss sales of Nvidia’s H200 chips with Chinese officials during the trip, but he suggested the market may become more open in the future. His remarks came as investors were already focused on Nvidia’s upcoming earnings report and on whether demand for AI hardware can keep pace with the company’s rapid growth.

At the same event, Huang and Dell Technologies founder Michael Dell highlighted how the AI boom is reshaping the broader supply chain. Dell has been building what it calls an AI Factory model, using servers equipped with Nvidia chips, software, and services to help customers deploy AI systems. The two executives said demand remains strong across the industry, not just for chips but for the memory and power needed to run large AI workloads. Bloomberg also reported that the AI data center boom has contributed to the largest power deal in history, underscoring how much infrastructure is being pulled into the race.

That pressure is extending beyond Nvidia itself. Separate reporting cited by Fast Company said Nvidia’s next-generation Rubin AI platform could require more low-power memory than Apple and Samsung combined use today, a reminder that AI demand is now influencing global memory markets as well as chip design. Bloomberg likewise reported that Nvidia co-founder and CEO Huang recently said demand for memory is outpacing capacity. In another sign of the sector’s momentum, Bloomberg reported that AI chip startup Tenstorrent is attracting takeover interest from Intel and Qualcomm, showing how the competition around advanced chips is intensifying.

The broader implication is that AI infrastructure is becoming a strategic, global business tied to trade policy, power supply, memory production, and cloud demand. Bloomberg reported that a futures market for computing power is also being explored by CME and Silicon Data, reflecting expectations that access to AI compute could become a tradable commodity. For Nvidia, the near-term focus remains its earnings and its ability to keep meeting surging demand, but Huang’s comments suggest that China could still become an important growth opportunity if the political environment shifts.