Speaking on the sidelines of Nvidia’s flagship GTC (GPU Technology Conference) in Washington on Tuesday, Huang said he had “100 per cent confidence in President Trump’s ability to cut a great deal for America”.
However, he added: “If it comes back … if President Trump were able to negotiate, or if China would like us to come back, it’s going to be a huge bonus for us.”
Expectations that Nvidia might resume exports of its advanced AI chips to China helped lift its share price by more than 3 per cent in pre-market trading. The stock is on track to propel the US chipmaker towards a record US$5 trillion valuation – the highest in corporate history.
Huang also warned that Nvidia’s absence from China could ultimately harm the United States more than China itself, questioning the long-term logic of Washington’s export controls.
Xi and Trump are due to meet in Busan, South Korea, on Thursday ahead of the Apec summit.
