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Fortune

Nicholas Gordon

Nvidia still isn’t sure if it can sell chips to China, threatening access to what CEO Jensen Huang calls a $50 billion opportunity

Nvidia Jensen Huang China United States Colette Kress DeepSeek Donald Trump Alibaba Beijing OpenAI

(Credit: Roy Rochlin—Getty Images for Hill & Valley Forum)

It may take some time for Nvidia to see the upside from U.S. President Donald Trump’s unprecedented offer to allow AI chip sales to China in exchange for a 15% cut.

The deal could shake up an export control regime designed to maintain the U.S.’s edge in strategic technologies. Officials like Treasury Secretary Scott Bessent are already positioning the arrangement as a model for other companies hoping to sell sensitive technology to China.

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