Jensen Huang, CEO of Nvidia, is scheduled to visit China in the coming days, ahead of the mid-February Lunar New Year. This trip takes place amid ongoing inquiries concerning the U.S. chip manufacturer's capacity to conduct sales within the Chinese market, which historically contributed at least one-fifth of Nvidia's data center business revenue. U.S. export restrictions have prevented Nvidia from selling its most advanced chips to China, a measure intended to preserve Washington's lead over Beijing in the development of cutting-edge artificial intelligence.
Huang is expected to attend an Nvidia company event in Beijing on Monday. He is also slated to meet with prospective buyers in China to address recent logistical difficulties in supplying U.S.-approved Nvidia chips to the market.
Reports last week from The Information, citing sources, suggested that China would only sanction local purchases of Nvidia's H200 AI chips for specific uses, such as research. China's Commerce Ministry stated a lack of awareness regarding this situation when questioned. Bloomberg first reported the news of Huang's trip. Nvidia has not commented on executive travel plans.
Huang made at least three visits to mainland China last year, including a trip in January for Lunar New Year celebrations.