Nvidia CEO Jensen Huang on Donald Trump admin taking 15% cut: Whatever it takes to get approval for Nvidia chip sales to China is fine with us

Nvidia CEO Jensen Huang has said that the chipmaker is willing to accept the US government terms, including a 15% cut of China sales. In an interview with Fox Business Network’s "The Claman Countdown," Hunag said “The conversation will take a while, but ... President Trump understands that having the world build AI on the American tech stack helps America win the AI race.” Asked if Nvidia would agree to 15% of Blackwell sales to China, the CEO of world’s most valuable company said “I don't know that it's 'forced to say yes,' but ultimately, it's in the best interest of the world, of our country, for us to be able to sell in China”. "So whatever it takes to get it approved for us to be able to sell in China is fine with us," he added. Nvidia has already struck a deal with the Trump’s administration for its H20 AI chips, agreeing to pay 15% of sales from China in exchange for export licenses. However, the company is yet to receive H20 orders from Chinese buyers.Huang said that the company is in early talks with the White House to allow a less advanced version of the Blackwell chip to be exported to China. Trump has suggested the scaled-down model would be 30–50% less powerful than the regular version.Jensen Huang estimated that he AI market in China is worth $50 billion to Nvidia. "My hope is that we'll be able to go back and address a significant part of that $50 billion," he said.US officials have expressed concern that even limited access to advanced chips could help Beijing strengthen its military and AI capabilities. Nvidia, meanwhile, sees the China market as a major opportunity, with Huang estimating it could be worth $50 billion for the company.