China commerce minister says he met Nvidia CEO in Beijing
BEIJING:
China
's Commerce Minister Wang Wentao said on Friday he met with
Nvidia CEO Jensen Huang
in Beijing on Thursday.
Wang said at a press conference that Huang has been dominating social media over the past few days during his visit to China, but Wang did not provide any details about what was discussed at their meeting.
Nvidia
declined to comment.
During his third China visit this year, Huang, the founder and CEO of the world's most valuable company, also met with Ren Hongbin, chairman of China Council for the Promotion of
International
Trade and the country's Vice Premier He Lifeng.
Chinese officials told Huang they welcomed foreign companies to continue to invest in the country, the
Nvidia CEO
said at a press conference in Beijing on Wednesday.
At the event, Huang described
artificial intelligence models
from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains.
Huang also said Chinese customers' demand for its
H20 AI chip
, which was released from U.S. export controls this week, is high but no purchase orders have been fulfilled yet as it awaits U.S. government approval for export licences.
Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU, which would be compliant with U.S. export restrictions and designed specifically for smart factories and for robot training purposes.
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