US Senators Warn Nvidia CEO Ahead China Trip Over Export Control Risks

Nvidia CEO Jensen Huang is preparing for a critical visit to China amid escalating U.S.-China technology tensions, following a private meeting with President Donald Trump at the White House. Huang has called for the relaxation of U.S. export restrictions on AI chips, arguing they unfairly advantage Chinese competitors like Huawei and significantly impact Nvidia's revenue, with projected losses reaching billions this quarter. While bipartisan U.S. senators Jim Banks and Elizabeth Warren warned Huang against engaging with Chinese companies on the U.S. restricted export list or those linked to China's military, Huang and Nvidia emphasize maintaining U.S. technological leadership globally. Nvidia recently became the first company to surpass a $4 trillion market capitalization, reflecting strong investor confidence amid the AI boom. Despite export controls limiting sales of advanced chips in China, Nvidia is working to influence U.S. policy to ease restrictions ahead of Huang's meetings with Chinese officials. Market analysts maintain a positive outlook on Nvidia’s stock, with a majority rating it as 'Outperform,' highlighting optimism about its future performance despite geopolitical challenges.