Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy.
The comments come after Nvidia said on Monday that it will resume sales of its H20 artificial intelligence chip to China, reversing a previous ban. The H20 is a less-advanced semiconductor designed for AI workloads that comply with U.S. export restrictions to China.
"I hope to get more advanced chips into China than the H20," Huang said during a press conference in Beijing, China, in response to a CNBC question.
"And the reason for that is because technology is always moving on ... today Hopper's terrific but some years from now we will have more and more and better and better technology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well," he said referencing Hopper, Nvidia's chip architecture that the H20 is built on.
Nvidia has been caught in the crosshairs of U.S.-China tensions over trade and technology. The tech giant has faced several rounds of restrictions that have forced it to restrict access of its most advanced chips to China. In response, Nvidia has developed semiconductors that comply with export restrictions, such as the H20.
Nvidia took a $4.5 billion writedown on the unsold H20 inventory in May and said sales in its last financial quarter would have been $2.5 billion higher without any export curbs.
Huang has trod a fine line between praising U.S. President Donald Trump's policies regarding reshoring chip manufacturing to America while also lobbying for change on curbs to China.