Nvidia CEO Praises China's AI Chips as "World-Class" Amid Export Ban Lifting

Nvidia CEO Jensen Huang praised China's AI chips as "world-class" and hailed large language models developed by Chinese tech firms like DeepSeek, Tencent, and Alibaba as drivers of innovation. Huang expressed excitement about serving China's AI market, valued at $50 billion, and noted that more than 1.5 million developers rely on Nvidia platforms to bring their ideas to life. NVDA stock has surged 27.1% year-to-date and commands a Strong Buy consensus rating based on 36 Buys, four Holds, and one Sell rating.

Nvidia CEO Jensen Huang has expressed his admiration for China's AI chips, labeling them as "world-class" and highlighting the significant contributions of Chinese tech firms like DeepSeek, Tencent, and Alibaba to the field of large language models. Huang's comments come as Nvidia gears up to resume chip exports to China following assurances from the U.S. government.

In a recent statement, Huang noted that more than 1.5 million developers in China utilize Nvidia platforms to bring their innovations to life. This underscores the growing importance of China's AI market, which is valued at $50 billion [2].

Nvidia's stock has seen a significant rally, with the company's shares surging 27.1% year-to-date. The stock commands a Strong Buy consensus rating based on 36 Buy ratings, four Hold ratings, and one Sell rating from Wall Street analysts [3].

Huang's comments also reflect a shift in U.S. policy regarding AI chip exports to China. Despite previous restrictions, the U.S. government has begun to ease these controls, paving the way for Nvidia to resume sales of its H20 chips to the country. This move is expected to boost Nvidia's sales and solidify its position in the global AI market.

The Chinese AI industry has been rapidly advancing, with companies like Moonshot AI and Alibaba releasing open-source AI models. Moonshot AI's Kimi K2 model, for instance, has been praised for its enhanced coding capabilities and performance in general agent tasks [1]. Similarly, Alibaba's Qwen3 series of models have been noted for their competitive performance in math and coding tasks [1].

Despite the ongoing trade rivalry between the U.S. and China, Huang believes that Nvidia's technology can benefit both markets. He has stated that the company's mission is to make sure the American tech stack is available to markets all over the world, including China, to foster innovation and competition [1].

The latest U.S. government restrictions on Nvidia had followed tighter export controls over the last three years that prevent American companies from selling advanced semiconductors to China over concerns that the tech will support the development of Beijing's defense sectors [2]. However, recent developments suggest a thawing in these restrictions, which could lead to a significant boost in Nvidia's sales and market presence in China.

References:
[1] https://www.ainvest.com/news/nvidia-ceo-models-developed-china-including-deepseek-alibaba-tencent-world-class-quality-2507/
[2] https://www.cnbc.com/2025/07/16/jensen-huang-china-ai-models-nvidia-gears-up-to-resume-chip-exports-.html
[3] https://www.tipranks.com/news/nvidia-ceo-cashes-in-38m-from-stock-sale-as-nvda-reaches-new-highs