Nvidia has resumed exports of artificial intelligence (AI) chips to China. Nvidia said it would continue its partnership with TSMC, the world's largest foundry (chip contract manufacturing) corporations, while securing manufacturing capacity by working with memory chipmakers.
On the 17th (local time), Nvidia Chief Executive Officer Jensen Huang said at a "GTC 2026" press briefing at the Hilton Signia hotel in San Jose, California, "We have licensed H200 chips to many Chinese customers," adding, "We are in the process of resuming production of the (China export chips)."
Regarding AI chip exports, Huang said, "President Donald Trump's intention is for the United States to have leadership over Nvidia's state-of-the-art technology," adding, "At the same time, I think he wants us to compete in the global market without unnecessary restraints."
Huang also dismissed concerns pointing to the risks of "circular transactions." Nvidia has faced criticism for circular transactions by investing in its chip customers while simultaneously selling AI chips. He said, "We fund corporations we believe will succeed."
Nvidia is investing large sums in customers such as OpenAI, CoreWeave and Nscale that buy its graphics processing units (GPUs).
Addressing his forecast in the keynote the previous day that sales opportunities for AI chips will reach $1 trillion (about 1,500 trillion won) by next year, Jensen Huang said, "We still have 21 months to go, so it could be even more than that."
He said the projection covers only the Blackwell and Rubin GPUs, and does not include central processing units (CPUs), the Groq language processing unit (LPU) dedicated to inference, or the post-Rubin generation "Feynman" GPU.
To a question about plans to secure manufacturing capacity over the next five years, he said, "We are collaborating with TSMC, the best corporations in the world, and we are also working with Samsung on the Groq chip for inference," adding, "We need an awful lot of memory, so we are working with all memory manufacturers as well."
Regarding recent Middle East wars and geopolitical risks around the Taiwan Strait, he said he is concerned about employees and partners in Israel and Taiwan, which serve as research and development (R&D) centers, but added that the company will maintain its operations in those regions.
He said, "The only hope is that we all work together, maintain peace, keep our eyes on the big picture without losing our composure, and do our best to build resilience."