Türkiye, Azerbaijan ink defence deals worth over $500 million
Türkiye and Azerbaijan signed defence agreements worth more than $500 million, including a deal for 14 Turkish-built Hürkuş-II trainer a...
Nvidia CEO Jensen Huang and AMD CEO Lisa Su have joined the advisory board of Tsinghua University’s School of Economics and Management (SEM), bringing two of the world’s most influential AI chip executives into a forum linking global business leaders with Chinese officials.
The school announced the appointments on 29 September.
Huang and Su are among three new members named to the board. The third is Marc Pictet, senior managing partner of Swiss wealth and asset manager Pictet Group. Chinese media reported the appointments, citing the school’s official WeChat account.
Five other executives have joined the board as successor members, replacing former representatives of their companies following leadership transitions. They are BMW Chairman Milan Nedeljković, Walmart President and CEO John Furner, Coca-Cola CEO Henrique Braun, General Atlantic Co-President Martín Escobari and bp CEO Meg O'Neill.
Huang founded Nvidia in 1993 and has served as president and CEO ever since. Su has been AMD's CEO since 2014 and added the title of chair in 2022. Under her leadership, AMD has expanded in high-performance computing and AI, becoming a major rival to Nvidia in the market for advanced AI chips.
The SEM advisory board is chaired by Apple CEO Tim Cook, who has held the post since 2019. Former Chinese vice president Wang Qishan serves as honorary chairman.
The board is a high-level forum connecting global executives with senior Chinese officials. Its 27th annual meeting is scheduled for 13-14 October in the Chinese capital, with the new appointments coming ahead of the gathering.
The appointments come at a sensitive moment for the industry. Nvidia and AMD are seeking to maintain access to China, one of the world's largest semiconductor markets, while adapting to increasingly complex restrictions imposed by both the U.S. and China.
The board remains a channel connecting multinational companies with China despite tensions over technology and investment between the two countries.
Semiconductor export controls did not feature prominently in the public readouts of the recent summit between Chinese President Xi Jinping and U.S. President Donald Trump, and most of the restrictions remain in place. Huang attended a state dinner for Xi in Washington, a sign of how closely the Nvidia chief has been involved in broader U.S.-China engagement.
Huang's appointment to the SEM board had been widely expected. He had reportedly accepted an invitation to join earlier this year, following his trip to China in mid-May as part of Trump's delegation.
At the time, his move to formalise an advisory role at China's most prestigious university drew attention as another sign of cautious re-engagement between U.S. technology firms and the Chinese market.
For both companies, the appointments underline a balancing act. Each is keen to preserve its commercial presence in China, yet both operate under U.S. export rules that limit which advanced chips they can sell in the country, alongside measures imposed by Chinese authorities.
Whether the new board seats translate into any change in that landscape remains to be seen, but they give two of the industry's most influential leaders a regular seat at a table where Chinese policymakers and global business chiefs meet.
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Here's your AnewZ Daily Brief for 30 September 2026. These are the top five stories making headlines in Europe.
North Korea has dismissed as a “farce” Seoul’s claim that Pyongyang was responsible for a landmine explosion south of the Military Demarcation Line that injured three South Korean soldiers.
British counter-terrorism police have arrested a 27-year-old dual UK-Iranian national as part of an investigation into a suspected plot involving RAF Fairford, an airbase used by U.S. forces for operations against Iran.
Investigators are examining an alleged cockpit assault aboard a Flydubai flight from Dubai to Tel Aviv that left the captain injured and forced the aircraft to divert to Saudi Arabia.
Türkiye’s flagship aviation and technology festival entered its second day on Thursday, bringing young innovators and leading domestic defence firms together in the south-eastern city of Şanlıurfa.
Pakistani airstrikes on Afghanistan’s Kunar and Helmand provinces killed nine civilians, including women and children, and injured 11 others, Afghanistan’s government said, as tensions between the neighbours deepen.
Britain says there are “strong indications” Iran played a role in a suspected plot targeting RAF Fairford, a military base in western England used by U.S. forces for operations against Iran.
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