Jensen Huang, China and NVIDIA
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At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
Nvidia CEO Jensen Huang says export controls on advanced chips require companies to adapt. Speaking in Beijing on Wednesday, he addressed the recent lifting of a U.S. ban on Nvidia's H20 chip sales to China.
Nvidia founder and CEO Jensen Huang held a lengthy interview with over 30 Chinese media outlets in Beijing, addressing issues ranging from the recent resumption of H20 chip sales in China to Huawei's standing in the field of artificial intelligence (AI).
Nvidia is set to recoup billions of dollars in revenue as the Trump administration has signaled it will grant licenses for the company to resume sales of its AI chips to China after a surprise export ban in April.
Nvidia CEO Jensen Huang said China's manufacturing capabilities should not be underestimated. CNBC's Evelyn Cheng reports from Beijing.
Chinese Vice-Premier He Lifeng has criticised policies that seek the return of manufacturing back to home countries through tariffs and restrictions, without mentioning the US by name. The top trade negotiator made the remarks at the opening of the third China International Supply Chain Expo in Beijing.