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Nvidia CEO Jensen Huang arrived in Beijing Thursday to reaffirm the company’s commitment to China, amid new U.S. restrictions on the sale of Nvidia’s H20 artificial intelligence chips to China.
In a meeting with Ren Hongbin, head of the China Council for the Promotion of International Trade, a quasi-government trade body, Huang said tighter U.S. chip export controls have significantly impacted Nvidia’s operations, according to Chinese state media. He added that Nvidia hopes to cooperate with China, and the company is working to optimize its products to comply with regulations while continuing to serve the Chinese market.
Huang also met with Liang Wenfeng, founder of artificial intelligence company DeepSeek, to discuss new chip designs for the local market, and Chinese Vice Premier He Lifeng, signaling a willingness to collaborate despite geopolitical tensions, according to the Financial Times, citing people familiar with the matter.
This visit follows Nvidia’s warning to investors earlier this week about a potential $5.5 billion writedown related to U.S. restrictions on the sale of its H20 AI chip to China. The Information reported that Chinese tech companies have placed more than $16 billion worth of orders for the H20 chips in the first three months of this year.
https://mp.weixin.qq.com/..
#A Glance of China 行摄中国
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