Nvidia CEO Huang to meet with Trump Thursday, source says
The meeting with Trump comes as Nvidia's market value closed above US$4-trillion for the first time on Thursday, cementing its status as one of Wall Street's most sought-after stocks.
Details of the discussions between the two were not immediately available. The meeting was first reported earlier by Bloomberg.
Nvidia and the White House did not immediately respond to Reuters requests for comment.
Nvidia warns of China risks as CEO Jensen Huang praises Trump
Huang has criticized the export restrictions the Trump administration imposed in April that stopped Nvidia from selling its H20 chip made for the China market, which he called 'a springboard to global success.'
The export curbs cost the artificial intelligence chipmaker US$2.5-billion in sales during the first quarter and Nvidia expects a sales hit of US$8-billion in the second quarter.
Nvidia would no longer include the China market in its revenue and profit forecasts after the stringent U.S. trade restrictions on chip sales to the region, Huang told CNN in June.
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