Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
- Nvidia CEO Jensen Huang visited Beijing, emphasizing the importance of the Chinese market for Nvidia, according to CCTV.
- Nvidia expects a $5.5 billion earnings hit due to new US licensing requirements affecting sales to China.
- Washington has imposed tariffs of up to 245 percent on Chinese imports, leading to Beijing's retaliation with 125 percent levies on US goods.
- Huang reiterated that Nvidia seeks 'continued cooperation' with China amid ongoing trade tensions with the US.
117 Articles
117 Articles
Bruised by Washington's chip controls, Nvidia turns to China
"I'm not worried about Jensen [Huang] at all," said US President Donald Trump, commenting on the Nvidia CEO's visit to Beijing. The trip was the latest twist in a tumultuous week for the US firm, which is the world's third most valuable company and top supplier of AI computer chips. We take a closer look in this week's edition of Tech 24.
Xi Jinping's Minister Urges Nvidia, US Firms To Invest More In China During Meeting With Jensen Huang, Despite Chip Export Curbs - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)
Chinese Vice Premier He Lifeng has extended an invitation to U.S. enterprises, including Nvidia Corporation (NASDAQ:NVDA), to enhance their footprint in the Chinese market. What Happened: During a meeting with Nvidia’s CEO Jensen Huang in Beijing, He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, highlighted the immense investment and consumption potential of the Chinese market, as per a state me…
Chipmaker giant Nvidia in the crosshairs of Trump-China trade war
Chipmaking giant Nvidia has found itself being hit from all sides in the US-China trade war. While the Trump administration's export controls have caused the company loss to the tune of $5.5 billion, a China-focussed Congressional committee has essentially accused the company of colluding with China to power the country's artificial intelligence (AI) boom.
Nvidia’s Situationship with Beijing Gets Even More Complicated
Nvidia CEO Jensen Huang’s zipping up his black leather Tom Ford jacket as his relationship with the Trump administration gets chilly. A House committee focused on national security opened an investigation into Nvidia this week, probing the chip companies’ sales to Chinese AI startup DeepSeek. Also this week, Huang is said to have taken his PJ to Beijing, where the Financial Times reported he met with DeepSeek’s founder. It’s the latest escalati…
NVIDIA CEO visits Beijing as US may halt H20 exports to China · TechNode
NVIDIA CEO Jensen Huang made his second visit to Beijing this year on Thursday, just three months after his previous trip to China. During his visit, Huang reaffirmed the company’s long-term commitment to the Chinese market, stressing that despite challenges posed by US government export controls on chips, NVIDIA will continue to adapt its product lineup to meet regulatory requirements and remain deeply invested in China.Why it matters: Amid the…
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