NVIDIA CEO Jensen Huang says he’s optimistic the U.S. and China can work through trade and technology disputes. It’s important to keep America at the forefront of the AI generation boom. “AI is going to be fundamental and transformative for every country. Built on the American Tech Stack, including developers in China.” This American tech stack that Jensen is talking about includes more than just Nvidia chips. He cited Tech from Brack Club Holdings Amazon, Microsoft and Apple. “We want the whole world to rely on Windows. We want the whole world to rely on (Amazon Web Services) and Apple.” On Tuesday, Jensen’s remarks came just two months after Nvidia and its colleague Puple Advanced agreed to give 15% of their revenue from sales in China to the US government. The two companies will in turn receive the appropriate export licenses to sell certain AI chips, including AMD’s MI308 H20 and MI308 chips in China, the Financial Times reported in August. It also comes amid continued U.S. and China trade negotiations after President Donald Trump extended his tariff deadline on the world’s second-largest economy by 90 days in August. To be sure, Jensen said if the White House cracks down further on chip exports to China, it wouldn’t do well for U.S. companies. “A complete ban is not good for American companies in the long term. … It might hurt Chinese companies, but it hurts American companies in the long term.” As far as investors are concerned, NVIDIA’s financials should be strong regardless. China is an important market, but management’s guidance – which beat analysts’ expectations last quarter – completely excludes sales from the country. “All of our guidance assumes China (is) zero,” Jensen said. “So if something works with China, it will be a bonus for us.” Nvidia stock was up slightly on Tuesday despite an unconfirmed report that Oracle has struggled to make money by leasing the company’s tokens. Shares of the AI chipmaker have been on a tear in 2025, up 38% year to date. In fact, Nvidia shares last hit a record high more recently than Thursday. Jensen spoke to Oracle Report in his interview with Jim, saying the company will be very profitable over the lifespan with its NVIDIA systems. He also talked about Nvidia’s major partnerships with Intel, Openai and Coreweave. (Jim Cramer’s Charitable Trust is Long NVDA, AMZN, MSFT, AAPL. See here for a complete list of stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. The above investment club information is subject to our terms and conditions and privacy policies, as well as our disclaimer. No fiduciary obligation or duty exists, or is created, by reason of your receipt of information provided in connection with the Investment Club. No specific results or profits are guaranteed.
The United States must win an AI race with China, so the future is built on American technology
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