Nvidia H200 China Export 2026: Jensen Huang Eyes $50 Billion Annual Market

A $50 billion market is back on the table. Nvidia CEO Jensen Huang just signaled a massive return to China, noting that customer demand for the H200 AI chip remains "very high" despite long-standing trade tensions.

Nvidia H200 China Export 2026 Status and Strategy

Speaking at a press conference during CES 2026 in Las Vegas on January 6, 2026, Huang confirmed that the company has "fired up" its supply chain. The U.S. government recently indicated it would approve the export of H200 chips, and Nvidia is currently finalizing license details. This move follows a proposal by President Donald Trump in December to allow exports provided that 25% of those sales are paid to the U.S. treasury.

Unlike previous iterations modified for the Chinese market, the H200 for export has not been intentionally slowed down to meet restrictions. Although it remains one or two generations behind Nvidia's latest flagship hardware, its unthrottled performance makes it a critical asset for Chinese tech firms developing domestic AI models.

Revenue Potential and Regulatory Outlook

The potential revenue is staggering. Huang previously estimated the Chinese market could be worth $50 billion annually—none of which is currently baked into the company's existing $500 billion two-year forecast. While the U.S. has signaled a green light, Chinese import approval remains a quiet variable. Huang stated he isn't expecting a formal declaration from Beijing, noting that purchase orders will serve as the primary indicator of regulatory status.