Nvidia CEO Meets Chinese Officials, Inspects Market Amid US Trade Tensions

Nvidia CEO Jensen Huang visited Beijing to meet with top Chinese officials and business leaders amid escalating U.S. restrictions on AI chip exports to China. Huang acknowledged that tightened U.S. export controls, especially on the company's H20 chips, present significant business challenges and could result in substantial revenue losses. Despite these obstacles, Nvidia reaffirmed its commitment to the Chinese market, citing its long-standing partnerships and the country's pivotal role in the company's growth and innovation. Chinese Vice Premier He Lifeng encouraged Nvidia and other U.S. businesses to expand their presence in China, emphasizing the nation's openness to foreign investment and technological collaboration. Discussions also centered on adapting Nvidia's product lineup to comply with U.S. regulations while continuing to serve China's rapidly evolving AI sector. Huang voiced optimism about future cooperation and the potential for ongoing U.S.-China economic and technological engagement.