Nvidia has little expectation that the United States will reconsider its restrictions on chip exports to China in the near future.

This conviction is so strong that the company has decided to exclude the Chinese market from its forecasts for revenue and profit, according to a statement made by CEO Jensen Huang to CNN on Thursday.

Huang expressed that he does not anticipate the Trump administration to reverse its decision on chip export controls, and should this happen, it would be viewed as a welcome, albeit unexpected, “bonus).

In April, the Trump administration implemented a licensing requirement for the export of Nvidia’s H20 chips to China, which are the company’s most advanced AI chips cleared for sale in the country. The company noted in its first-quarter results that these restrictions would lead to a significant $8 billion reduction in revenue for the second quarter.

Upon inquiry about this development, a Nvidia spokesperson referenced remarks made by Huang regarding China during the company’s Q1 earnings call.