Nvidia CEO Jensen Huang is blunt on China's artificial intelligence opportunities. On May 6, he said that China’s AI market will likely reach about $50 billion in the next two to three years and that missing out on it would be a “tremendous loss” for U.

Nvidia Corp. Chief Executive Officer Jensen Huang said that the market for AI chips in China could reach $50 billion in the next couple of years, making it crucial for US companies to have access to the country.

The Nvidia CEO said his company would "stay agile and keep moving on" and do "whatever's in the best interest of our country."