Nvidia's Huang May Have Won China Reprieve
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Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing.
China's Commerce Minister, Wang Wentao, recently met with Nvidia CEO Jensen Huang in Beijing to discuss artificial intelligence and advanced chip needs.
Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi
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Cryptopolitan on MSNNvidia’s CEO slows pace on push to lift H20 chips export restrictionsHe also argued that Beijing already has Nvidia’s rival, Huawei, that could provide for the country’s AI needs if U.S. firms fail. The company lost roughly $4.5 billion from unsold H20 chips in May and stated that it would have raised its previous financial quarter sales by $2.