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Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports

Published by Global Banking & Finance Review

Posted on April 17, 2025

1 min read

· Last updated: April 17, 2025

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Nvidia CEO Highlights China's Market Importance During Visit

BEIJING (Reuters) -Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after the U.S. imposed a ban on sales of its H20 artificial intelligence chips to the country.

"We hope to continue to cooperate with China," Huang said in a meeting with Ren Hongbin, head of the China Council for the Promotion of International Trade, according to China state broadcaster CCTV.

Huang arrived in Beijing earlier in the day at the invitation of the trade organisation.

His visit comes at a time when the United States has put new restrictions on China-bound shipments of Nvidia's H20 datacentre GPUs, the only compliant AI chip the company can sell legally to China.

The US ban has created uncertainty for Chinese internet companies, which were still anticipating H20 deliveries by the end of the year.

Nvidia didn't immediately respond to a Reuters' request for comment on Huang's agenda in China.

(Reporting by Beijing Newsroom; Editing by Christopher Cushing and Kate Mayberry)

Key Takeaways

  • Nvidia CEO Jensen Huang visited Beijing to discuss market importance.
  • US imposed a ban on Nvidia's H20 AI chips to China.
  • Huang met with Ren Hongbin from China Council for International Trade.
  • The US ban affects Chinese internet companies awaiting H20 deliveries.
  • Nvidia aims to continue cooperation with China despite restrictions.

Frequently Asked Questions

What is the main topic?
The main topic is Nvidia CEO Jensen Huang's emphasis on the importance of the Chinese market amid a US ban on AI chip sales.
What is Nvidia's current challenge?
Nvidia faces challenges due to a US ban on selling H20 AI chips to China, impacting Chinese internet companies.
Who did Jensen Huang meet in China?
Jensen Huang met with Ren Hongbin, head of the China Council for the Promotion of International Trade.

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