US EditionNvidia (NVDA) CEO Jensen Huang Could Pilot The First $6 Trillion Company
CHINA, JUL 20 – Jensen Huang highlighted Nvidia’s $17 billion China business and praised Chinese AI innovation while urging cooperation amid U.S.-China trade restrictions on AI chip exports.
- At the China International Supply Chain Expo, Jensen Huang arrived and announced the Biden administration cleared shipments of Nvidia’s H20 AI chip.
- Amid ongoing diplomacy, CNBC’s Dylan Butts reported that U.S.-China trade talks in London last month led to easing of high-tech export restrictions.
- In an unusual display, Jensen Huang wore a traditional Chinese tang suit and wandered Beijing streets signing notebooks and taking selfies.
- Nvidia on Tuesday said it expected to resume its H20 chip shipments to China soon, and Sarah Meyssonnier, Reuters, praised China’s generative AI models.
- With the trade war threatening, Nvidia’s $17 billion China business faces long-term risks, as CNN interview that aired Sunday warned global access remains crucial for China to lead in AI.
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15 Articles
Unknown to the general public three years ago, Jensen Huang has become, with the arrival of artificial generative intelligence (AI), one of the most visible and powerful entrepreneurs in the world at the head of the American giant of the Nvidia semiconductors.
Nvidia (NVDA) CEO Jensen Huang Could Pilot The First $6 Trillion Company
Key Points Nvidia (NASDAQ: NVDA) now commands an estimated 92% share of the global AI chip market, earning the title of “backbone of the AI industry” and fueling its rise to a $4 trillion market cap. CEO Jensen Huang is actively lobbying for continued U.S. chip sales to China, arguing that restricting exports could push China to develop rival chips, ultimately hurting American industry. Despite recent volatility tied to U.S.-China trade polic…
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