Jensen Huang, NVIDIA CEO, Arrives in Beijing at China's Invitation
Summary
- It was reported that Jensen Huang, NVIDIA CEO, arrived in Beijing at the invitation of the China Council for the Promotion of International Trade.
- It was stated that the U.S. Department of Commerce's tightening of semiconductor export controls to China has led to restrictions on the export of NVIDIA's H20 chips.
- The market reported that NVIDIA, which has a high export proportion, is expected to suffer considerable impacts from the strengthened regulations.
Jensen Huang, the CEO of NVIDIA, visited China for the first time in three months.
According to the social media account 'Weiyuantantian' of China Central Television (CCTV) on the 17th, CEO Huang arrived in Beijing at the invitation of the China Council for the Promotion of International Trade (CCPIT). This is his first visit to China since January, three months ago.
Earlier in January, CEO Huang visited NVIDIA's China office. At that time, he attended the Chinese New Year event at NVIDIA's Beijing office and gave a speech on artificial intelligence (AI) before also visiting Shanghai.
The industry is paying attention to CEO Huang's visit to China. This is because the U.S. Department of Commerce recently tightened semiconductor export controls to China. Recently, the U.S. government's actions have increased export restrictions on NVIDIA's H20 chips.
The U.S. tightening of semiconductor export controls to China is interpreted as a measure to increase pressure on China amid escalating U.S.-China trade tensions. The market sees that NVIDIA, which has a high export proportion to China, may suffer significant impacts from this measure.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
