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NVIDIA CEO to visit Beijing for media briefing and Supply Chain Expo onWednesday
NVIDIA CEO Jensen Huang will visit Beijing on July 16 to address the media and attend the China International Supply Chain Expo, highlighting NVIDIA's commitment to the Chinese market amidst trade tensions with the US. Huang plans to launch a new AI chip for China in September, responding to recent export rules, while China accounted for $17 billion of NVIDIA's 2024 revenue.
Key points
- Jensen Huang to hold media briefing on July 16 in Beijing.
- Attending the third China International Supply Chain Expo.
- This marks Huang's third visit to China in 2023.
- NVIDIA seeks to promote new products amid US-China trade tensions.
- US senators previously advised Huang against engaging with restricted entities.
- New AI chip for the Chinese market anticipated to launch in September 2023.
- China contributed $17 billion (13%) to NVIDIA's 2024 revenue.
Why it matters
- The ongoing trade tensions between the US and China impact tech companies.
- AI chip development is a key trend in the tech industry for enhancing competitiveness.
- NVIDIA's responsiveness to export regulations reflects the shifting landscape of global supply chains and tech innovation in the context of 2025 IT Trends.
Huang's visit underscores NVIDIA's strategic focus on the Chinese market and its agility in adapting to geopolitical challenges while maintaining robust revenue contributions from China.