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China commerce minister says he met Nvidia CEO in Beijing - The Economic Times
Economic Times
·
1m ago
Medial
Nvidia CEO Jensen Huang recently visited Beijing and met with China's Commerce Minister Wang Wentao. Their discussions covered the growth of artificial intelligence and the increasing demand for advanced chips. During his visit, Huang also engaged with other Chinese officials and highlighted the country's high demand for its H20 AI chip, although exports await U.S. government approval. Nvidia announced plans for a new RTX Pro GPU chip designed for the Chinese market, compliant with U.S. export restrictions.
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Nvidia CEO to hold media briefing in Beijing on July 16 - The Economic Times
Economic Times
·
1m ago
Medial
Nvidia CEO Jensen Huang will visit Beijing on July 16 for a media briefing, marking his second trip to China since April. Amid US restrictions on Nvidia's chip exports due to military concerns, Huang's visit is significant, given that China accounted for $17 billion in revenue for Nvidia last fiscal year. Despite competition from Huawei, Chinese firms still demand Nvidia chips. US senators advised Huang to avoid meetings with certain entities while in China.
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China commerce minister meets Apple's Tim Cook
Economic Times
·
1y ago
Medial
China's commerce minister, Wang Wentao, met with Apple CEO Tim Cook to discuss Apple's development in China and Sino-US economic and trade relations. The meeting followed the opening of Apple's new store in Shanghai, as the company faces challenges such as declining iPhone sales in China and competition from domestic brands like Huawei. Wang expressed that China is willing to collaborate with the US to create a fair and stable environment for business cooperation. Cook is expected to attend the China Development Forum in Beijing next week.
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Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model - The Economic Times
Economic Times
·
1m ago
Medial
Nvidia plans to resume sales of its H20 GPU chips to China, pending U.S. government approval, and has introduced an RTX Pro model designed for China's regulatory requirements. These chips support AI applications in sectors like logistics and smart factories. Nvidia CEO Jensen Huang met with U.S. and Chinese officials to promote AI cooperation. The company expects to begin deliveries soon, following regulatory permissions.
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Nvidia says it will resume sales of 'H20' AI chips to China - The Economic Times
Economic Times
·
1m ago
Medial
Nvidia will resume sales of its H20 AI chips to China following the U.S. government's decision to ease export restrictions. The H20 chip, a less powerful AI processing unit, was specifically developed for the Chinese market. Nvidia CEO Jensen Huang expressed optimism about restarting shipments. China remains a crucial market for Nvidia amidst local competition and geopolitical tensions. Huang is also set to attend a major supply chain event in China.
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Nvidia CEO in Taipei to visit TSMC, says in talks with US over new China chip - The Economic Times
Economic Times
·
8d ago
Medial
Nvidia CEO Jensen Huang visited Taipei to meet chip foundry partner TSMC amid US-China tensions over AI chips. Nvidia is in talks with the US about introducing the B30A chip to China, succeeding the H20. Although permission was granted for H20 sales after restrictions, security concerns arose in China. Nvidia has paused H20 production and is assessing its supply chain, as both governments negotiate chip sales and security implications.
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Nvidia CEO's China charm offensive underscores rock star status in key market - The Economic Times
Economic Times
·
1m ago
Medial
Nvidia CEO Jensen Huang visited China, strengthening his popularity amid U.S.-China trade tensions. During his visit, he praised Chinese tech advancements while delicately balancing U.S. concerns. Huang attended the China Supply Chain Expo, emphasizing Nvidia's commitment to the market despite geopolitical complexities. His visit, marked by public engagements and press meetings, signals Nvidia's strategic navigation between competing in China's tech market and adhering to U.S. policies, highlighting the company's global ambitions and challenges.
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Nvidia chief says H20 chip shipments to China not a security concern - The Economic Times
Economic Times
·
8d ago
Medial
Nvidia's H20 chip shipments to China are not considered a security threat, according to CEO Jensen Huang. Although the U.S. restricts cutting-edge chip exports to China over military use concerns, the H20, a less powerful AI chip, is deemed safe for export. Nvidia reassured the Chinese government about the chip's security, stating it contains no backdoors. The company is in discussions with the U.S. about developing a new chip for China, amid ongoing trade tensions.
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Nvidia CEO Jensen Huang meets Shanghai mayor, government says
Economic Times
·
4m ago
Medial
Nvidia CEO Jensen Huang met Shanghai Mayor Gong Zheng, highlighting Shanghai's significance as a crucial R&D base for Nvidia. During the meeting, Huang emphasized the company's dedication to serving the Chinese market effectively. The discussion signifies Nvidia's commitment to maintaining robust ties with China despite global tech tensions. This aligns with Nvidia’s strategy to leverage Shanghai’s resources and contribute to the local economy, reinforcing its strong market presence in the region.
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US senators warn Nvidia CEO about upcoming China trip - The Economic Times
Economic Times
·
1m ago
Medial
Two U.S. senators, Jim Banks and Elizabeth Warren, have cautioned Nvidia CEO Jensen Huang against meeting Chinese firms potentially undermining U.S. chip export controls during his China trip. They urged him to avoid companies linked to China's military and intelligence bodies. Nvidia plans cheaper AI chips for China. Concerns persist over Nvidia's role in strengthening China's AI industry and circumventing U.S. controls, amid tensions over advanced AI export regulations.
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Apple CEO Cook says company will increase investment in China: reports
Economic Times
·
10m ago
Medial
Apple CEO Tim Cook has announced that the company will increase its investment in China to contribute to the development of the supply chain. Cook made this statement during a meeting with the Chinese government in Beijing. This is Cook's second trip to China this year as Apple aims to regain market share from domestic rivals. The topics discussed during the meeting included Apple's development in China, online data security, and cloud services. Minister for Industry and Information Technology Jin Zhuanglong expressed his hope that Apple would deepen its presence in China and increase investment in innovation.
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