NVIDIA (NVDA) CEO Jensen Huang spotlighted China as a central piece of the global AI economy during the company’s earnings call this week, estimating that the market represents a $50 billion opportunity for NVIDIA this year alone. Despite this opportunity, NVIDIA might not be able to capture the entirety of that given strict export controls, and Beijing’s ongoing feud with the U.S. government.
Even as the export controls are lifted, the bull case on China for Nvidia isn’t entirely clear, as the CCP is pushing Chinese firms to use homegrown solutions. Regardless, Huang has stood firm that the mainland represents a substantial opportunity, and China will be a vital part of their growth strategy and of the AI race as a whole.
