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Investing.com -- Nvidia Corp . (NASDAQ:NVDA) CEO Jensen Huang met with President Donald Trump at the White House on Thursday, just days before a scheduled trip to China, according to people familiar with the matter cited by Bloomberg. The meeting comes at a high-stakes moment for the world’s most valuable chipmaker, which has found itself increasingly entangled in the U.S.-China tech conflict over artificial intelligence and semiconductor exports.
While details of the meeting’s agenda were not disclosed, Huang’s travel underscores Nvidia’s dual challenge of navigating geopolitical tensions and protecting access to China, the world’s largest market for chips. Both Nvidia and the White House declined to comment on the meeting, Bloomberg reported.
Huang has previously warned that U.S. export restrictions risk giving an unintended edge to Chinese competitors such as Huawei Technologies Co., citing concerns over market share and innovation. The company is forecasting an $8 billion revenue hit this quarter due to the curbs, which have effectively sidelined Nvidia’s AI chip sales to mainland China.
This news comes after a Financial Times article from Wednesday reporting that Nvidia plans to launch a new, compliant artificial intelligence chip in China as early as September, designed to circumvent recently tightened U.S. export rules. The chip is a modified version of the company’s Blackwell RTX Pro 6000 processor, reengineered without high-bandwidth memory and NVLink, two key technologies that power cutting-edge AI capabilities.
Huang is expected to travel to Beijing next week for the International Supply Chain Expo, where he may hold high-level meetings with Chinese officials, the FT said, citing people familiar with the matter. Nvidia’s engagement strategy highlights its effort to reaffirm commitment to China while working within the constraints of U.S. regulation.
With Washington seeking to limit Beijing’s access to advanced technologies, and China stepping up efforts to localize chip production, Nvidia’s latest moves reflect the increasingly narrow path U.S. firms must tread as it tries to break back into the China market. Nvidia stock finished higher by 0.8% today following the news, becoming the first company to close above a $4 trillion market cap.