US EditionNvidia’s Jensen Huang Meets With Trump Ahead of CEO’s China Trip
WASHINGTON, D.C., JUL 10 – Nvidia CEO Jensen Huang met with President Trump amid export controls that restrict AI chip sales to China, impacting $50 billion in revenue and prompting potential new U.S. rules.
- Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with U.S. President Donald Trump, just before his scheduled trip to China.
- The meeting occurred amid strict U.S. export controls implemented in April that effectively cut Nvidia’s $50 billion China market off from AI chip sales.
- Two U.S. lawmakers, Jim Banks and Elizabeth Warren, cautioned Nvidia CEO Jensen Huang against meeting with firms connected to China’s military or intelligence sectors, highlighting concerns over national security.
- Nvidia's market capitalization surpassed $4 trillion on Thursday, marking a new milestone, while Trump commended the company's 47% stock increase since his implementation of tariff measures.
- Huang’s China trip and export restrictions highlight ongoing strategic challenges and potential revenue losses, with Nvidia expecting to miss $8 billion in second-quarter sales.
28 Articles
28 Articles
U.S. Lawmakers Urge Nvidia's CEO to Avoid Risky Meetings in China
U.S. Senators Jim Banks and Elizabeth Warren have urged Nvidia CEO Jensen Huang to avoid meetings with Chinese firms that might undermine American chip export controls during his scheduled China visit. This comes amid concerns about companies aiding China’s military and intelligence operations, risking U.S. technology exploitation.
Nvidia Gains, Coinbase Rises, McDonald's Up After Goldman Upgrade - Stock Movers
On this episode of Stock Movers: Nvidia (Ticker NVDA) shares rise after hitting a record high on Friday, a day after CEO Jensen Huang met with President Donald Trump, according to people familiar. There are no details on the talks, but it comes before Huang's planned trip to China. Coinbase (Ticker COIN) shares gain after Bitcoin breached the $118,000 level, which triggered over a billion dollars of shorts against the token getting liquidated o…
ThePatriotLight - Nvidia CEO Makes Pit Stop At White House Before China Trip
ThePatriotLight - Nvidia CEO Jensen Huang met with President Trump at the White House on Thursday, just days before a trip to China. The meeting comes as Nvidia—now the world's most valuable chipmaker (and world's most valuable company)—remains largely shut out of China's semiconductor market due to U.S. export restrictions. While the conversation wasn't disclosed, Huang likely focused on the urgent need to restore Nvidia's ability to sell advan…
Nvidia CEO Makes Pit Stop At White House Before China Trip
Nvidia CEO Makes Pit Stop At White House Before China Trip Nvidia CEO Jensen Huang met with President Trump at the White House on Thursday, just days before a trip to China. The meeting comes as Nvidia—now the world's most valuable chipmaker (and world's most valuable company)—remains largely shut out of China's semiconductor market due to U.S. export restrictions. While the conversation wasn't disclosed, Huang likely focused on the urgent need …
Nvidia CEO Huang to meet Trump before China trip, source says
By Trevor Hunnicutt
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