High-Level Talks Between Nvidia and Chinese Officials

In a significant meeting in Beijing, Chinese Vice Premier He Lifeng and Nvidia Corporation CEO Jensen Huang discussed the future of American businesses in China. He emphasized China's role as a fertile ground for foreign investment and trade, urging Nvidia and other US companies to expand their operations in the country.

Nvidia's Commitment to China

Huang expressed Nvidia's intention to grow its business in China, aiming to bolster economic and trade relations between the US and China. This comes at a critical time when the US has imposed restrictions on Nvidia's AI-based chip exports to China, a move that could cost the company an estimated $5.5 billion in sales.