Chinese state media, however, reported that the NVIDIA CEO's visit was at the invitation of a trade organization.
In a move that could raise eyebrows, NVIDIA CEO Jensen Huang on Thursday visited Beijing, just days after the Trump administration imposed curbs on sales of the only AI chip it was allowed to sell to China.
Chinese state media, however, said that Huang’s visit was at the invitation of a trade organization.China Daily, the ruling Communist Party’s official English-language outlet, published a photo of Huang in the capital, noting the trip came “three months after pledging to continue cooperation with #China during his last visit.”NVIDIA in trade war crossfireNVIDIA has been caught in the crosshairs of the U.S.-China trade showdown. On Tuesday, Washington expanded export curbs to include the company’s H20 data center GPUs — chips designed to comply with earlier Biden-era restrictions. Despite being lower-powered, the H20 now falls under new rules aimed at preventing its use in Chinese supercomputers.The U.S., racing China for AI dominance, said the controls address national security risks. NVIDIA warned of a $5.5 billion revenue hit, sending its shares down nearly 7% on Wednesday.The move came just a day after NVIDIA pledged to invest up to $500 billion in U.S. AI infrastructure over four years. The company relies on contractors like Taiwan’s TSMC for chip production—another firm expanding its U.S. presence. The White House called NVIDIA’s decision “the Trump effect in action.”As per media reports, the NVIDIA boss also met DeepSeek founder Liang Wenfeng during his visit to China, where the two tech titans discussed a new chip design that could navigate the new U.S. bans.The meeting comes as a U.S. House panel presses NVIDIA for details on whether a Chinese firm, DeepSeek, obtained export-controlled chips to power its AI app, which lawmakers have called a “profound threat” to national security.NVIDIA’s CEO has publicly stated the company will comply with legal requirements under Trump, but added that nothing will stand in the way of global technological progress.“We’ll continue to do that and we’ll be able to do that just fine,” the Taiwan-born entrepreneur told reporters last year.China’s retaliation against U.STrump’s sweeping tariffs have rattled global markets and strained ties even with U.S. allies. After targeting multiple countries for what he called unfair trade surpluses, he rolled most tariffs back to 10% — except for China, which shot up to 245% — as part of a 90-day pause.China hit back at the US with retaliatory tariffs to oppose what it called ‘blackmailing’ by the US, vowing to “fight the tariffs till the end”. In response, it imposed its own tariffs on American goods, restricted the export of key minerals essential for high-tech manufacturing, and launched antitrust investigations into major U.S. firms like DuPont and Google. These non-tariff measures were widely seen as a strategic pushback against Washington’s trade tactics.In a further escalation, Beijing added multiple U.S. companies to its “unreliable entity” list — a designation that limits or bans foreign firms from operating or investing in China. Most recently, Chinese authorities instructed domestic airlines to suspend new deliveries of U.S.-made aircraft and advised them to halt purchases of American aviation components and systems, signaling a deepening of economic hostilities between the two powers.
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