NVIDIA CEO Jensen Huang Photo: VCG

Nvidia CEO Jensen Huang said on Friday that he hoped the company's Blackwell chips can be sold in China, although the decision needed to be made by the US administration, according to Reuters.

Huang's Friday remarks were made in South Korea where he took part in the APEC CEO Summit, according to Bloomberg.

"We're always hoping to return to China, and I think that Nvidia in China is very good. It's in the best interest of US. It's in the best interest of China. So I'm hopeful that both governments will arrive at a conclusion someday where Nvidia's technology could be exported to China," Huang said, per the Reuters report.

Huang told reporters that Nvidia had been hoping for "non-zero market share" in China, but was now expecting zero, according to Reuters.

Prior to Huang's remarks, Chinese foreign ministry spokesperson Guo Jiakun said on Wednesday that "we hope the US can take concrete actions to keep global industrial and supply chains stable," when asked whether China welcomes sales of American AI chips as Huang has indicated the desire for US artificial intelligence chips to be sold in China.

"China has made clear on multiple occasions its principled position on the US chip export to China," said Guo.

In various occasions, Huang expressed willingness to sell Nvidia's chips to China and highlighted the importance of the China market.

For example, on Tuesday, Huang told reporters and analysts that if Nvidia continues being shut out of the Chinese market, it will hurt America more than it hurts China, after he delivered a speech at the company's GTC DC developer conference in Washington, according to a Nikkei Asia report on Wednesday.

The US government has been tightening exports of advanced AI chips to China from Nvidia and others, along with chipmaking tools, in recent years, and the chip giant's CEO said that he hoped the US administration could see the harm such policies will do to the US, read the report.

Earlier this month, Huang said at a Citadel Securities event that Nvidia's position in China had dropped from 95 percent of the advanced chip market to zero, as the US semiconductor giant is not allowed to sell its advanced products to Chinese mainland companies under US export restrictions, the South China Morning Post reported.

China is a major importer of chips. In the first half of 2025, China imported 281.88 billion pieces of integrated circuits, up 8.9 percent year-on-year, with a value of $191.4 billion, up 7.0 percent, according to statistics released by the General Administration of Customs.

The global semiconductor market reached $346 billion in the first half of 2025, marking an 18.9 percent increase year-over-year, according to statistics from the World Semiconductor Trade Statistics organization.

This means that China imported nearly 55 percent of global chips in the first half of this year.

Global Times