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Nvidia reported a revenue of $46.7 billion during the second quarter of its fiscal year 2026. This marked a 6% increase from the previous quarter and a 56% jump year-over-year. In an interview with Yahoo Finance following the company’s earnings call, Nvidia CEO
Jensen Huang
said that the US tech companies can’t be left out of the Chinese market adding that they need to serve as a worldwide standard similar to the US dollar. Jensen Huang said “[President Trump] understands that the American tech stack should be the world standard. Just as the American dollar is the world standard that economies are built on, we want the American tech stack for the world’s technology and industries to be built on, and that includes China.” Speaking about the restoration of sales to China, the CEO of the world's most valuable company said that Nvidia is getting the engine “fired back up” and already has licenses from the US government. “We’ve been approved and licensed to be able to ship to China, and now we’re looking for orders in China,” Jensen Huang added.Explaining further, Huang said “We have every opportunity to succeed in the China market, if they would allow for American technology companies to be able to play there. And so I’m hoping things will get sorted out”.During the interview, Huang also touched upon the opportunity in the networking space. “Just our ethernet product line grew to an annualized rate of $10 billion, and that’s just gotten started. Networking is going to be a very big part of our business. That’s fundamentally recognizing the fusion of computing, networking, and software,” Huang said.
Nvidia on 15% US government ‘cut’
During the company’s earnings call,
Nvidia CFO Colette Kress
said the company is still waiting for the Trump administration to finalize an agreement under which Nvidia will pay the US government a 15% share of its sales in China.CEO Jensen Huang added that while Nvidia is in talks with the administration on China, it is not considering the kind of deal Intel made with Washington. “Nor has that come up in discussions,” Huang said.