Nvidia made it clear on Wednesday that its financial performance would’ve been even more impressive if it had been able to sell its AI chips to China. Nvidia said it left $2.5 billion of revenue on the table in the quarter due to H20 chips that couldn’t be sold due to export controls. CEO Jensen Huang said China would “move on” with or without Nvidia’s chips. Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images
As pleased as Wall Street was with Nvidia’s quarterly results on Wednesday, CEO Jensen Huang said the company is leaving billions of dollars in revenue on the table because it can no longer sell to China.
“The $50 billion China market is effectively closed to U.S. industry,” Huang told analysts at the beginning of his prepared remarks on the earnings call. “As a