Catenaa, Thursday, August 28, 2025- Nvidia CEO Jensen Huang says US tech companies can’t be left out of the China market and that they need to serve as a worldwide standard, as the chipmaker reports Q2 earnings on Wednesday.
“[President Trump] understands that the American tech stack should be the world standard. Just as the American dollar is the world standard that economies are built on, we want the American tech stack for the world’s technology and industries to be built on, and that includes China,” Huang told Yahoo Finance during an interview following the company’s second quarter earnings.
The CEO of the world’s most valuable company said that Nvidia is getting the engine “fired back up” to sell chips into the country and already has licenses from the US government.
“We’ve been approved and licensed to be able to ship to China, and now we’re looking for orders in China,” Huang added.
The company reported Q2 data center revenue topped out at $41.1 billion on Wednesday, and its shares fell over 1.1% on Thursday morning.
Segment revenue was $26.2 billion in the prior-year period. The numbers didn’t include sales of its lower-powered H20 chips into China.
It also issued third-quarter guidance of $54 billion plus or minus 2%. And that doesn’t include sales to China. Any additional sales from the country would be a “bonus on top,” Huang said.
“We have every opportunity to succeed in the China market, if they would allow for American technology companies to be able to play there. And so I’m hoping things will get sorted out,” he explained.
During the company’s earnings call, Nvidia CFO Colette Kress explained that the company is still waiting on the Trump administration to formalize an agreement that will see Nvidia pay the government a 15% cut of its sales in China.
