Nvidia CEO Jensen Huang is scheduled to hold a media briefing in Beijing on July 16, marking his second visit to China this year. This visit highlights Nvidia’s focus on the Chinese market, which accounted for a significant portion of the company’s revenue in the last fiscal year.
The briefing comes amid ongoing U.S. government restrictions on the export of Nvidia’s advanced chips to China due to concerns over potential military applications. Notably, sales of Nvidia’s H20 artificial intelligence chips, previously approved for China, have also been banned.
Huang’s visit is being closely watched by both U.S. and Chinese observers. Recently, U.S. senators urged him not to engage with companies affiliated with Chinese military or intelligence bodies or those on the restricted export list.
Despite these challenges, Nvidia remains a key player in the AI technology market. The company’s market value recently surpassed $4 trillion, solidifying its position as a central figure in the global AI race.
The media briefing is expected to provide insights into Nvidia’s strategies and commitments in the Chinese market amid the evolving geopolitical landscape.
