Nvidia CEO Jensen Huang visited China with plans to resume chip sales after a three-month pause. Huang met with Chinese Vice Premier He Lifeng and Xiaomi CEO Lei Jun to discuss AI, autonomous driving, and robotics. Trump approved Huang’s trip to China, where he discussed technology and AI developments.
Nvidia expects to resume H20 chip shipments to China soon after U.S. government assurances. Huang emphasized compliance with export controls and tariffs, noting the company missed out on $2.5 billion in sales due to restrictions. He hopes to sell more advanced chips in China in the future as technology evolves.
Huang praised Huawei’s chip design and manufacturing capabilities, emphasizing the company’s self-reliance and connected cloud system. Huawei has developed its own Ascend chips and AI-specific cloud computing system. Huang believes Huawei’s AI model capabilities will continue to challenge many developers in the future.
Huang commended Chinese AI models like DeepSeek, Qwen, and Kimi during a speech in Beijing. He highlighted the excellence of these models, including breakthroughs from Chinese startups and Alibaba-backed ventures. Huang believes the importance of AI models will decrease over time as technology evolves. In January, China’s DeepSeek released an AI model that surpassed OpenAI in cost and development. Despite U.S. chip restrictions, parent company High-Flyer reportedly stockpiled Nvidia chips for development.
DeepSeek’s AI models are open source, allowing free downloads for various applications like healthcare and robotics. Huang, founder, noted that 99% of users worldwide have utilized DeepSeek R1 for their projects.
During a press conference, Huang expressed interest in returning to China this year if invited. The success of DeepSeek’s AI model has garnered global attention and potential for future collaborations.
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