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Nvidia Chief Promises China Engagement Ahead Of New Sanctions

  • Nvidia chief executive Jensen Huang has stated that the company plans to maintain its presence in mainland China, despite the US preparing new trade restrictions targeting the country.
  • China has unique strengths in capitalising on AI and industry trends, making it an important market for Nvidia.
  • Nvidia's head of global business operations met with Beijing's top trade negotiator, Wang Shouwen, to discuss potential opportunities for foreign enterprises in China's more open economy.
  • The US is expected to impose new sanctions on Chinese chip companies, which may include restrictions on Nvidia's ability to sell its advanced chips to Chinese firms.

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