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Jensen Huang Says China's H200 Approval Will Come Quietly Through Purchase Orders, Not Press Releases

MarketDash Editorial Team
1 day ago
Nvidia's CEO told reporters that if China gives the green light for H200 chip imports, don't expect fanfare. Instead, watch for purchase orders quietly rolling in while the company waits on U.S. export licenses and showcases its next-generation Vera Rubin platform.

Here's how you'll know if China approves Nvidia Corporation (NVDA) H200 chip imports: you won't. At least not officially. Speaking at a press conference during the Consumer Electronics Show in Las Vegas on Tuesday, CEO Jensen Huang explained that Beijing probably won't issue any formal statements or public declarations. Instead, approval will materialize the way most things do in business: through actual orders.

No Drama, Just Orders

"We're not expecting any press releases or any large declarations," Huang told reporters, according to Reuters. "It's just going to be purchase orders." Translation: if Chinese companies suddenly start buying H200 chips, that's your signal.

This quiet approach makes sense given the geopolitical tightrope Nvidia is walking. The company is currently waiting on U.S. government export licenses to ship these advanced AI chips to China in the first place. Earlier Tuesday, Nvidia CFO Colette Kress said the U.S. government is "working feverishly" on the applications, though nothing has been approved yet. "We're going to wait and see what will happen," she added.

The H200 Controversy

The backdrop here involves President Donald Trump reversing a previous ban last year, allowing Nvidia to sell H200 chips to Chinese customers, subject to licensing. The H200 is a predecessor to Nvidia's newer Blackwell chips, making it slightly less cutting-edge but still powerful enough to draw criticism.

That decision didn't go over well with everyone. Former U.K. Prime Minister Rishi Sunak voiced concerns, along with U.S. lawmakers including Sen. Elizabeth Warren (D-Mass.), Sen. Chuck Schumer (D-N.Y.), and former GOP presidential candidate Nikki Haley. Their worry centers on advanced AI technology reaching China despite ongoing tech competition between the two nations.

Despite all the regulatory uncertainty, Huang says Chinese firms remain highly interested in the chips. Whether that interest converts to actual sales depends on both governments playing ball.

Next-Generation Vera Rubin Takes Center Stage

Beyond the China situation, Nvidia used CES to spotlight its next-generation Vera Rubin platform. The new chips are already in production, Huang confirmed, and demand across Nvidia's entire portfolio remains robust. He's forecasting a "really giant year" working alongside manufacturing partner Taiwan Semiconductor Manufacturing Co. (TSM).

How giant? Nvidia is targeting up to $500 billion in combined sales from its Blackwell and Vera Rubin platforms by year-end. That's an ambitious number that reflects both the explosive growth in AI infrastructure spending and Nvidia's dominant position in the market.

Price Action: Nvidia shares fell 0.47% in Tuesday's regular session but edged up 0.49% in after-hours trading.

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Jensen Huang Says China's H200 Approval Will Come Quietly Through Purchase Orders, Not Press Releases

MarketDash Editorial Team
1 day ago
Nvidia's CEO told reporters that if China gives the green light for H200 chip imports, don't expect fanfare. Instead, watch for purchase orders quietly rolling in while the company waits on U.S. export licenses and showcases its next-generation Vera Rubin platform.

Here's how you'll know if China approves Nvidia Corporation (NVDA) H200 chip imports: you won't. At least not officially. Speaking at a press conference during the Consumer Electronics Show in Las Vegas on Tuesday, CEO Jensen Huang explained that Beijing probably won't issue any formal statements or public declarations. Instead, approval will materialize the way most things do in business: through actual orders.

No Drama, Just Orders

"We're not expecting any press releases or any large declarations," Huang told reporters, according to Reuters. "It's just going to be purchase orders." Translation: if Chinese companies suddenly start buying H200 chips, that's your signal.

This quiet approach makes sense given the geopolitical tightrope Nvidia is walking. The company is currently waiting on U.S. government export licenses to ship these advanced AI chips to China in the first place. Earlier Tuesday, Nvidia CFO Colette Kress said the U.S. government is "working feverishly" on the applications, though nothing has been approved yet. "We're going to wait and see what will happen," she added.

The H200 Controversy

The backdrop here involves President Donald Trump reversing a previous ban last year, allowing Nvidia to sell H200 chips to Chinese customers, subject to licensing. The H200 is a predecessor to Nvidia's newer Blackwell chips, making it slightly less cutting-edge but still powerful enough to draw criticism.

That decision didn't go over well with everyone. Former U.K. Prime Minister Rishi Sunak voiced concerns, along with U.S. lawmakers including Sen. Elizabeth Warren (D-Mass.), Sen. Chuck Schumer (D-N.Y.), and former GOP presidential candidate Nikki Haley. Their worry centers on advanced AI technology reaching China despite ongoing tech competition between the two nations.

Despite all the regulatory uncertainty, Huang says Chinese firms remain highly interested in the chips. Whether that interest converts to actual sales depends on both governments playing ball.

Next-Generation Vera Rubin Takes Center Stage

Beyond the China situation, Nvidia used CES to spotlight its next-generation Vera Rubin platform. The new chips are already in production, Huang confirmed, and demand across Nvidia's entire portfolio remains robust. He's forecasting a "really giant year" working alongside manufacturing partner Taiwan Semiconductor Manufacturing Co. (TSM).

How giant? Nvidia is targeting up to $500 billion in combined sales from its Blackwell and Vera Rubin platforms by year-end. That's an ambitious number that reflects both the explosive growth in AI infrastructure spending and Nvidia's dominant position in the market.

Price Action: Nvidia shares fell 0.47% in Tuesday's regular session but edged up 0.49% in after-hours trading.