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Nvidia CEO to hold media briefing in Beijing this week in high-stakes visit
New York Post· 2025-07-13 20:31
Group 1 - Nvidia CEO Jensen Huang will hold a media briefing in Beijing, marking his second visit to China, emphasizing the importance of the Chinese market [1] - The U.S. government has imposed restrictions on the export of Nvidia's advanced chips to China since 2022, citing military application concerns [1][2] - Nvidia generated $17 billion in revenue from China in the fiscal year ended January 26, accounting for 13% of the company's total sales [4] Group 2 - Huang's visit is being closely monitored by U.S. lawmakers, who have urged him to avoid meetings with companies linked to military or intelligence in China [3] - Nvidia faces increased competition from Chinese companies like Huawei, but demand for Nvidia's chips remains strong due to its CUDA computing platform [6] - Nvidia's market value reached $4 trillion for the first time last week, reinforcing its position in the AI technology sector [6][7]