Nvidia CEO Jensen Huang speaks at the 2026 CES event in Las Vegas on January 6, 2026.
Bridget Bennett Bloomberg | Getty Images
Nvidia Chief Executive Officer Jensen Huang said on Tuesday that the company sees “very high” customer demand for its H200 AI chip in China, and that the U.S. government recently indicated its intention to approve exports.
Huang added that NVIDIA is restarting chip production and is finalizing export permit details with the U.S. government. Nvidia’s chips are important for companies developing artificial intelligence models.
“We have strengthened our supply chain and the H200 is rolling down the line,” Huang said at a press conference at the CES conference in Las Vegas.
Investors see the Chinese market as a big opportunity for Nvidia as the Chinese tech company develops its own AI models. Huang previously said this market is worth $50 billion a year, but those sales are not currently included in NVIDIA’s forecasts.
In December, President Donald Trump said NVIDIA could export its H200 chips to China as long as it paid 25% of sales to the U.S. government. The H200 is a generation or two behind the latest Nvidia models, but unlike previous chips that Nvidia approved for export to China, this model hasn’t been intentionally slowed down to comply with export regulations.
China would also need to approve imports of Nvidia chips. Huang said Tuesday that he does not expect China to announce that imports have been approved and that Nvidia will know the regulatory status once purchase orders come in.
“We don’t expect any press releases or big declarations,” Huang said. “It will just be a purchase order.”
Huang added that 2000 sales would be in addition to the $500 billion two-year forecast the company gave last year.
Huang said, “It looks like he has decided to return to China.”
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