Nvidia CEO to Meet Trump, Chinese Leaders Amid Curbs

Nvidia CEO Jensen Huang will meet President Donald Trump at the White House following Nvidia's achievement of a $4 trillion market cap, amid tightened U.S. export controls on AI chips to China. Shortly after, Huang will travel to Beijing to attend the International Supply Chain Expo and meet top Chinese officials, including Premier Li Qiang and Vice Premier He Lifeng, to reaffirm Nvidia's commitment to China. Nvidia plans to launch a new China-specific AI chip designed to comply with U.S. restrictions in hopes of maintaining its $17 billion business in China, which represents about 13% of its global revenue. The company has suffered an $8 billion shortfall from canceled orders and a $4.5 billion charge for excess inventory after new export rules. Huang has criticized U.S. export curbs, claiming they advantage Chinese competitors like Huawei and spur local innovation. These diplomatic and strategic efforts highlight Nvidia’s attempts to balance regulatory compliance with sustaining its business in key markets.