China, NVIDIA and Blackwell
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Amid skyrocketing demand for artificial intelligence systems, the chip-making giant has been thrust into the economic feud between Beijing and Washington.
Nvidia CEO Jensen Huang is optimistic about the potential to resume sales of the chipmaker's advanced chips in China.
Nvidia CEO Jensen Huang urges the US to stay engaged with China in the global AI race, warning that isolation could hurt innovation and long-term leadership.
Nvidia (NASDAQ: NVDA) has been one of the best artificial intelligence (AI) stocks to own since the AI arms race kicked off in 2023. Its technology has powered most of the AI we experience today, and that's unlikely to change much in the future.
The extent of China's access to Nvidia's chips has been a key point of friction with the United States as the two wrestle for dominance in high-end computing power and artificial intelligence.
At the company’s annual developers confab, Huang mentioned several times that half of the world’s AI researchers come from China.
Donald Trump and China’s leader, Xi Jinping, have agreed to a one-year pause on the punitive Trump-instated tariffs that are at the heart of the ongoing trade war between the two superpowers. Among the issues discussed when the two leaders met face-to-face in the South Korean city of Busan were China’s chokehold on rare earth metals and the export restrictions on NVIDIA’s AI chips.
Speaking to reporters aboard Air Force One en route to Gyeongju, South Korea, Trump praised Nvidia's Blackwell as the "super-duper chip" and said he might speak to Xi about them, without elaborating.