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Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports

  • Nvidia CEO Jensen Huang visited Beijing, stressing that "China is a very important market for Nvidia," as reported by state broadcaster CCTV.
  • Nvidia anticipates a $5.5 billion loss this quarter due to new U.S. Licensing requirements affecting GPU sales.
  • Nvidia generated $17 billion in revenue from China in 2024, making up 13% of its total sales.
  • Huang indicated a desire for "continued cooperation" with China amid U.S. Trade restrictions affecting AI chip sales.
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Folha de S.Paulo broke the news in São Paulo, Brazil on Thursday, April 17, 2025.
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