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.
The Foreign Ministers of European countries have released a joint statement on recent developments in Georgia, expressing deep concern over the deteri...
Iran has warned it will respond to any move by Western powers to reinstate United Nations sanctions over its nuclear programme, though it has not spec...
Nikol Pashinyan to hold trilateral meeting with European Council, European Commission presidents, says his office...
Beijing has promised 1 billion yuan (about $137 million) in emergency assistance to Myanmar, where a magnitude-7.7 earthquake on 28 March killed more ...
A landmark accord between Türkiye and Qatar on global humanitarian cooperation has officially taken effect, paving the way for joint relief operation...
Beijing has promised 1 billion yuan (about $137 million) in emergency assistance to Myanmar, where a magnitude-7.7 earthquake on 28 March killed more than 3,600 people and left tens of thousands without shelter, China’s embassy said on Thursday.
Nikol Pashinyan to hold trilateral meeting with European Council, European Commission presidents, says his office
A landmark accord between Türkiye and Qatar on global humanitarian cooperation has officially taken effect, paving the way for joint relief operations in third countries.
U.S. President Donald Trump’s special envoy Keith Kellogg arrived in Kyiv on Monday to begin discussions on military support, security cooperation, and sanctions targeting Russia.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
China’s overseas shipments grew 5.8 % in June as manufacturers hurried to clear orders before a 12 August deadline that could see steep U.S. duties return, customs figures released on Monday show.
China’s cabinet on Thursday set fresh rules for its nationwide social-credit system, promising tighter control over personal data and stronger penalties for fraud as it seeks to ease public fears of surveillance.
Italy’s foreign minister said the EU is ready to hit back with €21B in tariffs unless a deal is struck with the U.S., warning that Trump’s August 1 tariff move could harm both economies and derail ongoing trade talks.
Australia has fired a HIMARS long-range rocket system on its own territory for the first time during joint military exercises with the United States and Singapore.
Iran has warned it will respond to any move by Western powers to reinstate United Nations sanctions over its nuclear programme, though it has not specified what form that response would take. The statement came from Foreign Ministry spokesperson Esmaeil Baghaei during a press conference on Monday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment