Nvidia CEO Visits China Amid U.S. Chip Export Restrictions
Nvidia CEO Jensen Huang arrived in Beijing today for high-level meetings with Chinese officials and technology partners, as the company navigates the impact of new U.S. export restrictions on its AI chips.
During his visit, Huang met with Ren Hongbin, head of the China Council for the Promotion of International Trade, and reportedly with Chinese Vice Premier He Lifeng. He emphasized China’s importance to Nvidia’s global business and expressed a desire to continue cooperation despite the challenges posed by U.S. export controls.
The visit comes after the U.S. government imposed a ban on sales of Nvidia’s H20 datacenter GPUs to China. These chips were specifically designed to comply with earlier U.S. regulations, but the new restrictions have disrupted plans for deliveries to Chinese internet firms.
Nvidia has announced a $5.5 billion quarterly charge due to the export curbs, and its shares have fallen nearly 8% over the past two days.
Huang also met with the founder of Chinese AI startup DeepSeek to discuss new chip designs tailored for Chinese clients. An Nvidia spokesperson confirmed the visit, stating that the company regularly engages with government officials to discuss its products and technologies.
This visit underscores Nvidia’s commitment to maintaining its presence in the Chinese market amid increasing geopolitical tensions and regulatory challenges.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
