NVIDIA CEO Jensen Huang charms China
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With help from a longtime Silicon Valley investor turned White House insider, Mr. Huang got the administration to reverse course on restrictions.
Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.
In parallel, Nvidia confirmed it expects to resume sales of its H20 AI chips to China, following recent indications from the Trump administration that it would greenlight export licenses.
Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.
Huang announced that the Biden administration had cleared Nvidia to ship its H20 chip to China — a customized, less powerful alternative to the firm’s top-tier AI processors blocked by prior sanctions. The gesture was framed as part of broader efforts to ease commercial strains between the two nations.
Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at approximately $12.94 million, according to a new SEC filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company.
Nvidia stock rose on Friday after CEO Jensen Huang met with Chinese Commerce Minister Wang Wentao Thursday, in a sign it might deepen ties with China.
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The Manila Times on MSNJensen Huang, AI visionary in a leather jacketUnknown to the general public just three years ago, Jensen Huang is now one of the most powerful entrepreneurs in the world as head of chip giant Nvidia.
Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.
As America and China swap shots in the trade battle served up by Donald Trump, Mr Huang has pinged and ponged between Washington and Beijing to reassure both sides it is in their mutual interest to let his company keep selling some of its artificial-intelligence ( AI) chips to Chinese buyers.
China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would