Nvidia's Huang to visit China as AI chip sales stall

Core Viewpoint - Nvidia CEO Jensen Huang is planning a visit to China amid ongoing concerns regarding the company's ability to sell its products in the Chinese market, which previously represented a significant portion of its revenue from the data center business [2][4]. Group 1: Company Plans and Activities - Huang is expected to attend an Nvidia company party in Beijing and meet with potential buyers to discuss logistical challenges related to supplying U.S.-approved Nvidia chips in China [3]. - The visit is scheduled ahead of the mid-February Lunar New Year, indicating a strategic timing for engagement with the Chinese market [1]. Group 2: Market Challenges - U.S. export restrictions have limited Nvidia's ability to sell its most advanced chips to China, impacting its revenue potential in a market that once accounted for at least 20% of its data center business [2]. - Reports indicate that China may only approve local purchases of Nvidia's H200 AI chips for specific purposes, such as research, which could further constrain Nvidia's market opportunities [4].