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Trump and Nvidia CEO discuss DeepSeek, AI chip exports during meeting, source says

Economic Times

Economic Times · 7m ago

Trump and Nvidia CEO discuss DeepSeek, AI chip exports during meeting, source says

During a meeting at the White House, US President Donald Trump and Nvidia CEO Jensen Huang discussed the Chinese company DeepSeek and the regulation of AI chip exports. Amid concerns about China's advancements in AI, the discussion focused on strengthening US leadership in technology. As DeepSeek's AI model gained popularity, it impacted the US tech market. Additionally, the Trump administration is considering further restricting Nvidia's AI chip exports to China to maintain advanced computing power within the US and its allies.

Related News

Trump to meet with Nvidia CEO on Friday: Report

Economic Times

Economic Times · 7m ago

Trump to meet with Nvidia CEO on Friday: Report

U.S. President Donald Trump is set to meet Nvidia CEO Jensen Huang at the White House amid discussions on restricting AI chip sales to China. The meeting aligns with potential new U.S. rules limiting AI chip exports to preserve advanced computing power among allies. Concerns about China's advancing AI capabilities are rising, especially following the successful launch of China's AI assistant, DeepSeek. Discussions are ongoing on tightening restrictions on Nvidia's H20 chips designed for China.

Nvidia CEO says not attending Trump's inauguration

Economic Times

Economic Times · 7m ago

Nvidia CEO says not attending Trump's inauguration

Nvidia CEO Jensen Huang will not attend the US presidential inauguration, choosing instead to celebrate the Lunar New Year with employees. He recently discussed increasing production of Nvidia's AI chips with TSMC. Nvidia's growth faces potential challenges from new US export restrictions on AI chips, targeting countries like China. These restrictions, introduced during Biden's administration and likely supported by the incoming Trump administration, aim to limit advanced chip exports to protect US interests.

China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

Economic Times

Economic Times · 1m ago

China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

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.

Nvidia CEO says company has not been asked to buy a stake in Intel

Economic Times

Economic Times · 5m ago

Nvidia CEO says company has not been asked to buy a stake in Intel

Nvidia CEO Jensen Huang clarified that the company was not approached to join a consortium to buy a stake in Intel. This follows reports suggesting a possible consortium involving Taiwan Semiconductor Manufacturing Co. Nvidia remains focused on meeting chip demand, especially from Meta Platforms. Huang addressed investor concerns about AI chip demand and potential shifts to U.S. production due to tariffs. Nvidia's collaboration with TSMC in Arizona is ongoing, and new chip facilities are planned.

US senators warn Nvidia CEO about upcoming China trip - The Economic Times

Economic Times

Economic Times · 1m ago

US senators warn Nvidia CEO about upcoming China trip - The Economic Times

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.

Nvidia chief says H20 chip shipments to China not a security concern - The Economic Times

Economic Times

Economic Times · 8d ago

Nvidia chief says H20 chip shipments to China not a security concern - The Economic Times

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.

Jensen Huang Dismisses Fears: US AI Chips Unlikely in China’s Military

StartupTalky

StartupTalky · 1m ago

Jensen Huang Dismisses Fears: US AI Chips Unlikely in China’s Military

Nvidia CEO Jensen Huang believes US concerns about their AI chips enhancing China's military capabilities are unfounded, as Chinese forces are unlikely to adopt US technology due to risks. The US, citing security threats, banned exports of Nvidia’s advanced semiconductors to China. Huang argues that such restrictions unfairly hinder US firms' global competitiveness and could spur China to develop rival technologies. Despite meeting US leaders, including Trump, Huang faces bipartisan pressure to avoid Beijing’s military-linked entities.

Nvidia says new rule will weaken US leadership in AI

Economic Times

Economic Times · 7m ago

Nvidia says new rule will weaken US leadership in AI

Nvidia has criticized a new U.S. regulation aimed at tightening control over AI chip exports, arguing it will weaken the country's leadership in AI. The rule, part of efforts to prevent AI from enhancing China's military, would impose bureaucratic constraints on U.S. semiconductor and software design, potentially hindering innovation and economic growth. Nvidia claims it won't enhance national security and could damage America's global competitiveness by restricting widely available technology.

Samsung operating profit hit by R&D spending, fight to meet chip demand

Economic Times

Economic Times · 7m ago

Samsung operating profit hit by R&D spending, fight to meet chip demand

Samsung Electronics' operating profit fell by almost a third in the fourth quarter due to increased research spending and challenges in meeting demand for AI server chips. Despite an 11.8% sales rise, the company warned of limited earnings improvement in early 2025 due to semiconductor business weaknesses. Samsung's technological leadership in semiconductors has been challenged by fast-growing AI chip demand and competition from Nvidia and startups like DeepSeek. The company plans to address evolving AI market demands while monitoring industry trends.

Meta's Zuckerberg woos big tech in Asia to double down on AI chips

TechCrunch · 1y ago

Meta's Zuckerberg woos big tech in Asia to double down on AI chips

Meta CEO Mark Zuckerberg is looking to strengthen the company's cooperation with Samsung Electronics for the development of AI chips. This move is aimed at mitigating geopolitical risks in Taiwan, where TSMC, the world's largest contract chip manufacturer, is headquartered. Zuckerberg recently met with Samsung's executives to discuss potential collaborations in AI chips, semiconductors, and extended reality. Additionally, he met with Japanese Prime Minister Fumio Kishida to discuss AI and semiconductors, as Japan seeks to revitalize its chip making industry. Zuckerberg's tour of Asia aligns with the increased global demand for AI chips and efforts by tech companies to reduce their dependence on Nvidia. In a separate meeting, Zuckerberg discussed potential collaboration on extended reality device development with LG Electronics. LG hopes to partner with a more advanced company in the AI space, while Meta aims to expand its ecosystem and offer XR technology on LG's consumer devices.

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