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Nvidia CEO Jensen Huang said there are currently no active talks about exporting the company’s Blackwell AI chips to China, amid ongoing trade restrictions and political tension between Washington and Beijing.

Speaking in Tainan, Taiwan, during a visit to TSMC, Huang dismissed recent reports suggesting that U.S. and Chinese leaders might agree on a deal allowing scaled-down versions of the chips to reach Chinese markets.

“Currently, we are not planning to ship anything to China,” Huang said. “It’s up to China when they would like Nvidia products to go back to serve the Chinese market.”

The Blackwell chip, Nvidia’s most advanced AI processor, is currently barred from export under U.S. sanctions aimed at preventing China from gaining access to high-performance computing technology that could aid its military.

Nvidia continues to sell its H20 model, a restricted alternative approved by the U.S. government, though Huang said China’s policies have left Nvidia with “zero market share” in the country’s high-end AI sector.

Huang also clarified comments attributed to him by the Financial Times, denying that he claimed China would win the AI race. Instead, he acknowledged China’s strong AI research base, saying, “They have many AI researchers. The United States must move fast because the world is very competitive.”

As the global AI boom continues, Nvidia remains at the center of geopolitical and commercial battles over advanced chip access — balancing record demand with strict export controls.