:max_bytes(150000):strip_icc()/GettyImages-2205219950-75903e531f684df38fd1d0f9170406fa.jpg?w=1920&resize=1920,1324&ssl=1 "Nvidia CEO Huang Flies to Beijing for Talks, Report Says")
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key takeaways
- NVIDIA CEO Jensen Huang allegedly visited Beijing, while meeting the Chinese Vice Premier, he hit the chip firm with new exports on his sale to Chip firm, among others, among others, among others, among others.
- Huang, according to the state media, emphasized the importance of China for the sale of Nvidia, the company said it is set to charge a fee of $ 5.5 billion due to export curb on the sale of its H20 chips to China.
- Analysts said RightDown suggests that the company is being licensed to export chips, it is not optimistic about it. Morningstar Research Saying that the sales to China can go “close to zero”.
NVIDIA (NVDA) CEO Jensen Huang allegedly visited Beijing, meeting the Chinese Vice Premier, after hitting the Chip firm with new American export sanctions on his sales to Chip firm, among others, among others, among others, among others.
Citing people familiar with their journey program, financial Times It was reported that Huang met NVidia customers, including the founder of AI Startup Deepsek, to discuss the new chip design for Chinese customers. He also interacted with the Chinese Vice Premier, which is Lifeng, the report states that citing a person acquainted with the meeting. According to the report, citing state broaders CCTV, Huang had said that “China was a very important market for Nvidia” and indicated that he hoped that AI chip designers can “continue co-operating” with the country.
Nvidia shares fell by 1% in early trade on Thursday. The company stated that it tumbled on around 7% Wednesday, as it fees a quarter of $ 5.5 billion as a result of US sanctions on its H20 AI chips exports to China. The White House was carried out by the White House to prevent new restrictions from being used by Beijing to create a supercomputer, which was closed to the puzzle investors as the chips were less powerful than their current lineup and sewn to meet the biden-yug chip karb.
Analysts said RightDown suggests that the company is being licensed to export chips, it is not optimistic about it. Morningstar Research Saying that the sales to China can go “close to zero”.
“We regularly meet with government leaders to discuss our company’s products and technology,” said NVidia spokesperson.
Update -April 17, 2025: This article has been updated to include comments from NVIDIA and refreshing share prices.
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