Jensen Huang, AI Visionary in a Leather Jacket
CHINA, JUL 18 – Nvidia CEO Jensen Huang met China's Commerce Minister to discuss AI cooperation after the U.S. lifted restrictions on Nvidia's H20 chip exports, unlocking a $4.6 billion market opportunity.
- On July 18, 2025, Chinese Commerce Minister Wang Wentao met Nvidia CEO Jensen Huang in Beijing, to discuss AI cooperation following chip sales resumption.
- Following a months-long ban, the US government reversed course this past week to resume H20 and MI308 sales.
- US tariffs remain high at 53.6%, Wang Wentao said `Major countries should act like major countries. They must shoulder their responsibilities`.
- Following the meeting, China’s Commerce Ministry said the US would approve H20 sales to Chinese customers, while Wang Wentao told Nvidia to provide high-quality, reliable products and services to Chinese customers.
- Facing an August 12, 2025 deadline for a tariff deal, China must act swiftly; Nvidia expects $15 billion in China revenue in H2 2025.
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Jensen Huang, AI visionary in a leather jacket
Unknown to the general public just three years ago, Jensen Huang is now one of the most powerful entrepreneurs in the world as head of chip giant Nvidia.
Nvidia's chips to China: Is US trading AI dominance for rare earth access?
In a turn of events, a private meeting between President Donald Trump and the CEO of the world’s largest chip manufacturer, Nvidia's Jensen Huang, led to the undoing of a ban on transferring its H20 AI chip to China, a multibillion-dollar boon for the company. The Commerce Department had restricted sales of the chip in April, costing Nvidia billions of dollars, and undoing the ban was meant as a concession in a minerals deal in which China would…
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