Nvidia to exclude China from forecasts amid US chip export curbs, CNN reports
‘I’ve told all of our investors … our forecasts will not include the China market,’ Nvidia CEO Jensen Huang told CNN
Nvidia will no longer include the China market in its revenue and profit forecasts following stringent US trade restrictions on chip sales to the region, CEO Jensen Huang told CNN on Thursday.
When asked if the United States would lift the export controls after the trade discussions with China in London this week, Huang said he was not counting on it.
Huang reiterated his criticism of US chip export curbs during his CNN interview, building on his earlier remarks about the restrictions from April that prevented Nvidia from selling its H20 chip made for China.
“The goals of the export controls are not being achieved,” he said. “And so I think, with all export controls, the goals have to be well articulated and tested over time.”
“Beyond next quarter, if Nvidia is not able to resume sales into China, we believe there may be some downside to expectations for calendar year 2026,” said D.A. Davidson analyst Gil Luria.