Nvidia executives appealed to U.S. authorities to allow the sale of their Blackwell accelerators to China during the recent Q2 earnings call. CFO Colette Kress emphasized the economic benefits of such sales for the U.S. economy, stating that Nvidia’s advanced AI products are world-class.

CEO Jensen Huang noted that China could have contributed approximately $50 billion to Nvidia’s revenue if access to competitive products was approved. Nvidia is reportedly preparing a stronger version of its Blackwell product for the Chinese market, pending necessary licensing.

The delay in licensing has yet again impacted Nvidia’s quarter sales in China. Despite some Chinese customers receiving licenses, the shipments have not commenced, and Nvidia hasn’t included these potential sales in the current forecast.

Kress shared that overcoming these regulatory hurdles could generate additional billions in revenue. Meanwhile, Nvidia has managed to sell a significant volume of H20 stock to other customers outside China, thus minimizing potential losses.

Despite the ongoing trade restrictions, Nvidia reported a substantial increase in profits, driven mainly by data center and networking sales, highlighting the company’s resilient financial performance amidst geopolitical challenges.