While it’s not clear what the exact impact on Nvidia might be, new tariffs would raise barriers to trade and would almost certainly cause problems for its supply chain.

Nvidia’s China sales currently accounts for around 15 percent of its total revenue—a drop from 26 percent two years ago.

Nvidia CEO Jensen Huang emphasized the company's quarter-century presence in China's technology ecosystem during a speech at the Hong Kong University of Science and Technology, highlighting how the region helped shape the now-dominant artificial intelligence chip manufacturer.

Nvidia CEO Jensen Huang said on Saturday that global cooperation in technology will continue even if the incoming U.S. administration imposes stricter export controls on advanced computing products.