Nvidia’s Jensen Huang to hold Beijing briefing as U.S. chip curbs test China ties

Nvidia chief executive Jensen Huang will brief reporters in Beijing on Wednesday, 16 July, his second China trip this year, as Washington’s export bans squeeze the graphics-chip maker’s biggest foreign market.

The company told Reuters on Sunday that Mr Huang will meet the press three months after an April visit in which he called China “indispensable” to Nvidia’s growth. Beijing accounted for $17 billion (about €14.5 billion) in revenue last fiscal year, roughly 13 % of group sales.

Since 2022 the U.S. government has barred exports of Nvidia’s most advanced processors, citing military risks, and in January widened the embargo to include the H20—its most powerful artificial-intelligence chip still cleared for China.

A bipartisan pair of U.S. senators wrote to Mr Huang on Friday urging him not to meet firms linked to China’s military or on Washington’s restricted-entity list during the trip. Nvidia declined to comment on the letter.

Chinese tech champion Huawei and domestic chip start-ups are racing to replace Nvidia’s high-end graphics processing units, yet local companies still prize the firm’s CUDA software ecosystem, analysts say.

Investors appear unshaken: Nvidia’s market capitalisation briefly topped $4 trillion last week, making it the world’s second-most-valuable listed company.

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