Nvidia Chief Jensen Huang jumps to Beijing for a meeting

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Nvidia’s CEO Jensen Huang visited Beijing on Thursday after a new curb from Washington fell over the stock at chipmaker’s China sales.

Fans arrived in China on Wednesday, according to local media and those familiar with his travel schedule.

According to a Chinese state media post on social media services, his trip came at the invitation of the Council of China to promote international trade, which is deeply involved in promoting business relations between the United States and China, a trade group associated with China.

The post showed Huang smiling in front of the camera and said his visit came after the CEO previously said he wanted to continue working with China.

On Tuesday, the Trump administration announced export restrictions on NVIDIA, which sells the H20 chip, a low-power version of an artificial intelligence product specifically designed to match the Chinese market with US controls.

Nvidia had the impression that it could continue selling chips to China following the meeting between Huang and Trump at Mar-A-Lago this month. The chipmaker told major Chinese clients, including Alibaba, bytedance and Tencent, that H20 purchases would not be affected.

Nvidia announced that it would need a revenue hit of $5.5 billion as a result of the new controls.

The trip comes as US lawmakers are asking Nvidia for information on whether Chinese AI group Deepseek can obtain export-controlled chips.

This is a developing story

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