Nvidia CEO Jets To Beijing, Tells Chinese Officials: "We Grew Up In China"

dailyblitz.de 1 day ago

Nvidia CEO Jets To Beijing, Tells Chinese Officials: „We Grew Up In China”

Guess who is in Beijing today?

Nvidia CEO Jensen Huang boarded a private jet to Beijing shortly after the U.S. Commerce Department announced new export licensing requirements for the company’s H20 AI chips for the Chinese market. Once there, Huang met with the head of a Chinese state-backed trade body, where he reaffirmed Nvidia’s commitment to the Chinese market despite a deepening trade war.

NVIDIA CEO Jensen Huang Arrives in Beijing at CCPIT’s Invitation, Reaffirms Commitment to China Collaboration
NVIDIA Corporation CEO Jensen Huang arrived in Beijing today at the invitation of the China Council for the Promotion of International Trade (CCPIT). This visit comes… pic.twitter.com/LccSqNHYwp

— CN Wire (@Sino_Market) April 17, 2025

State broadcaster CCTV reported that Huang met earlier today in Beijing with Ren Hongbin, president of the China Council for the Promotion of International Trade — a trade agency under the Ministry of Commerce.

CCTV noted that Huang arrived in Beijing under the invitation of Hongbin’s state-backed trade group.

Huang emphasized that China remains an important market for Nvidia and expressed hope for continued cooperation with Beijing.

Another state-backed news agency, China News Service, released footage of Huang and Hongbin speaking.

We’ve grown up in China, in fact. And China has watched us grow in the last 30 years. It’s a very important market for us,” Huang said.

NVIDIA founder Jensen Huang visited Beijing on Thursday afternoon. Huang said that #China is one of the most important markets for #NVIDIA, and he’s willing to further promote cooperation with Chinese enterprises. @nvidia @nvidianewsroom @NVIDIANetworkng pic.twitter.com/MD8CbE1Os1

— China News 中国新闻网 (@Echinanews) April 17, 2025

Huang’s flight to China comes a little more than a day after the U.S. Commerce Department said Nvidia will need a license to export its H20 chips to China and several other countries. Nvidia revealed that it would be hit with a charge of up to $5.5 billion related to the controls.

So what message does this show? Huang jets off to Beijing. Should the world’s largest chip maker be this cozy with America’s foreign adversary?

Tyler Durden
Thu, 04/17/2025 – 09:05

Read Entire Article