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Nvidia CEO to hold media briefing in Beijing on July 16
BEIJING, CHINA, JUL 9 – Nvidia aims to maintain its $17.1 billion China revenue by launching a China-specific AI chip modified to meet US export controls amid ongoing geopolitical tensions.
- Nvidia CEO Jensen Huang plans to visit Beijing next week to attend the International Supply Chain Expo and meet senior Chinese officials.
- This visit comes after U.S. export restrictions halted Nvidia’s ability to sell AI chips in China, resulting in a $2.5 billion decrease in revenue for the first quarter of 2025 and prompting the company to adjust its sales approach.
- Nvidia plans to introduce a modified AI chip designed specifically for the Chinese market by September, featuring reduced capabilities such as the removal of high-bandwidth memory and NVLink to adhere to U.S. export restrictions.
- The company’s China business generates $17.1 billion, or 13% of total sales, and Chinese clients have tested samples with significant order interest noted despite the chip's inferior performance.
- Huang’s meetings and chip launch aim to reaffirm Nvidia’s commitment to China amid ongoing geopolitical tensions and a U.S. policy Nvidia calls a “failure” that spurs Chinese AI development.
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Nvidia CEO to hold media briefing in Beijing this week in high-stakes visit
Nvidia CEO Jensen Huang will hold a media briefing in Beijing on Wednesday, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market.
·New York, United States
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Nvidia CEO Jensen Huang to hold media briefing in Beijing on July 16
Jensen Huang’s latest visit has been closely-watched in both the US and China. A bipartisan pair of US senators had sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies
·New Delhi, India
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Coverage Details
Total News Sources20
Leaning Left3Leaning Right4Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 20%
C 53%
R 27%
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