Jensen Huang, CEO of American technology company NVIDIA, visited China and reportedly said regarding the resumption of H20 chip sales, which had been banned for export, "I hope to be able to supply more advanced chips to China," according to Reuters' report on the 16th.
After attending the opening ceremony of the 3rd China International Supply Chain Promotion Expo in Beijing on the same day, CEO Huang met with reporters and stated, "Currently, H20 is still remarkably good, but we will sell anything that is allowed to be sold to China within the next few years." He distinguished the reason for the export permits, saying, "I have seen mentions that the H20 is part of the rare earth negotiations, but I do not have insider information on the U.S.-China negotiations."
Last week, CEO Huang, who met with U.S. President Donald Trump, came to China to inform the U.S. government's H20 export permit news directly the day before. The U.S. and China are competing for supremacy in advanced technology. He mentioned, "The U.S. government is currently processing export permit procedures for orders from Chinese customers," and added, "I have not yet met any customers since the announcement the day before." Reuters reported that Chinese corporations are actively seeking to purchase H20, with major Chinese tech companies, such as ByteDance and Tencent, going through the related application process.
CEO Huang also reported on the meeting with China's 'economic power broker' He Lifeng, Vice Premier of the State Council, stating, "They (Chinese authorities) wanted to know if NVIDIA would continue to invest in China, and we are doing our best in the Chinese market." He added, "The most important message received during the meeting with the Chinese leadership is that Chinese authorities welcome foreign corporations' investments and business, and that China is open and stable."
Previously, CEO Huang met with Lei Jun, the CEO of Chinese tech giant Xiaomi, on the 14th. However, it has been reported that he did not have a separate meeting with Chinese President Xi Jinping or with telecommunications company Huawei.
On the morning of the same day, CEO Huang appeared as a speaker at the opening ceremony, emphasizing that China's artificial intelligence (AI) technology and supply chain are world-class and reiterated his commitment to continue cooperation with China. He stated, "The heroes leading China's ultra-fast innovation are the researchers, developers, and entrepreneurs, and more than 1.5 million Chinese developers have made today's NVIDIA a reality through their innovations."
Additionally, at the end of his speech, CEO Huang said in Chinese, "NVIDIA will continue to operate (in China)" and, "We will join hands with our friends and open prosperity and a future in the AI era." That day, he drew attention by wearing a traditional outfit styled in a modern way reminiscent of the Qing Dynasty, rather than his trademark black leather jacket.
CEO Huang, an American of Taiwanese descent, has visited China for the third time this year amid U.S.-China tensions. He has publicly opposed the U.S. government's technology control policies that prevent his company from selling advanced products to China.