Overview
- Nvidia CEO Jensen Huang will attend the Trump–Xi meetings in Beijing, reversing earlier reports that he was not invited.
- Huang will join a high-profile business group that includes leaders from Apple, Boeing, Qualcomm and Elon Musk to raise technology and trade priorities.
- U.S. export rules on advanced chips, put in place in 2022, have effectively shut Nvidia out of China’s AI GPU market.
- Commerce Secretary Howard Lutnick said in April that Nvidia’s H200 chips have not been sold in China because buyers are still awaiting Beijing’s approvals.
- Nvidia shares rose more than 2% after Huang’s attendance was confirmed, reflecting hopes for clearer export rules or a path to limited sales.