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Fortune
Fortune
Sasha Rogelberg

Nvidia is nixing China from its financial forecasts because U.S. restrictions on chip sales have tightened so much, Jensen Huang says

Jensen Huang Nvidia China United States Dan Ives Donald Trump Wedbush CNN Fortune Huawei
Donald Trump looks on at Jensen Huang, who is speaking in front of a podium. (Credit: Ken Cedeno/UPI/Bloomberg—Getty Images)
  • Nvidia is not including the Chinese market in its financial forecasts as a result of strict export controls hampering business with the country, CEO Jensen Huang told CNN on Thursday. Huang has repeatedly criticized the Trump administration’s export restrictions as limiting U.S. manufacturing and growth opportunities. Export controls may loosen as a result of a trade deal with China in exchange for greater access to rare earths.

AI chipmaker Nvidia will no longer include Chinese business in its financial forecasts after President Donald Trump’s efforts to tighten export controls to China.

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