Nvidia CEO Huang on export controls: China market is home to 50% of the world's AI researchers

NVIDIA's market share in China was about 95% four years ago. It's about 50% today because of the limitations on the products that we sell. $50 billion a year market today. It's growing just like AI is growing everywhere. Over the course of this four years, the president's administration, we're probably talking about a few hundred billion dollars worth of revenues to NVIDIA, probably tens of billions of dollars of taxes, revenues to the country, thousands of jobs, incredible, incredible opportunity. But more strategically, more importantly, this is very important. First of all, the China market is, of course, very large, but it's also the home of 50% of the world's AI researchers. The platform that succeeds is the platform with the most developers. Just like iPhone's successful because of lots of developers, Windows successful because of lots of developers, all these platforms succeed because there are a lot of developers. China is home to 50% of the AI researchers in the world. And so we want the world to build on American technology stack. We want every developer in the world to prefer the American technology stacks. Once that happens, the developers develop on American technology stacks, American technology stacks will run AI the best all over the world. And so this is that's probably the most important strategic reason to be in China, because there are so many developers there and because the world is going to adopt technology from one country or another. And we prefer it to be the American technology stack. You know, the president has a plan. You say that he has a vision and you trust him. You say that I have to believe that you think that he has to either see the light or he has. And the things that look so dire right now in China may not be as dire. And there could be even as soon as next quarter, more business being done than we thought after tonight. It's hard to tell, but the most important thing is this, Jim, our president wants America to win. And we he also recognizes that that this is an important market. It's a very large market. And the revenues that it could generate for the United States is significant. It's just incredible. Fifty billion dollars this year. Look, we're talking about the size of a Boeing, not a Boeing plane, Boeing, the company. This is an enormous market. And and so I think I think the the the opportunity left behind is is quite substantial. This is also an excellent way to to improve our trade deficit. Don't miss a second of Mad Money. Follow at Jim Cramer on X. Have a question? Tweet Cramer. Hashtag Mad Mentions. Send Jim an email to madmoneyatcnbc.com or give us a call at 1-800-743-CNBC. Miss something? Head to madmoney.cnbc.com.