What do we know about the phone call between Trump and Chinese President? Positive for NVIDIA?


Aime
The deep research logic is organized as follows:
Okay, let's tackle this question. The user is asking about the phone call between Trump and Xi Jinping and whether it's positive for NVIDIA. First, I need to check the references provided.
Looking at the references, there are several articles about the phone call. References 1, 2, 3, and 4 all mention that Trump and Xi had a phone call on June 5, 2025. The call was initiated by Trump, and there's no immediate detail on the outcomes. The stock markets reacted positively initially but then dipped. The main issue between them is the ongoing trade war, with tariffs on Chinese imports at 30% and China's retaliatory measures. However, there's mention of a Geneva agreement that temporarily lowered tariffs, but tensions flared again when Trump accused China of violating the deal.
Now, regarding NVIDIA, the user is interested in whether this call is positive for them. Let's look at the NVIDIA-related references. Reference 5 mentions that NVIDIA's stock rose due to hopes of loosening export restrictions, especially on AI chips like the H20. However, other references like 7, 8, 9, and 17 discuss how the trade restrictions are causing losses for NVIDIA, with the H20 ban leading to $8 billion in write-offs. There's also competition from Chinese companies like Huawei, which are hiring ex-NVIDIA engineers, as mentioned in references 17 and 26.
The user is a tech-savvy investor focusing on semiconductors and US-China relations. They want to know if the call is positive for NVIDIA. The phone call itself didn't provide specifics, but the market reaction was mixed. NVIDIA's stock dipped slightly after the call, as seen in reference 33. The White House hasn't released any official statements on AI chip exports or NVIDIA, as per reference 14 and 19. However, there are ongoing discussions about trade truces and potential market access, which could be beneficial for NVIDIA if restrictions are lifted.
I need to structure the answer to first state the conclusion, then provide the analysis with key points. Use tables where possible, and include the necessary citations. Also, check if any visualizations are needed based on the queries in the references. The query in reference 14 and 19 didn't find results, so no visualization is needed there. The query in reference 28 also didn't find results. The query in reference 33 found data, so a visualization should be included after the relevant paragraph.
Make sure to highlight the uncertainty due to the lack of official statements and the mixed market reactions. Also, mention the potential risks from Chinese competition and the ongoing trade tensions. The user is interested in market predictions, so include analyst opinions and stock performance data.
Conclusion
The phone call between U.S. President Donald Trump and Chinese President Xi Jinping on June 5, 2025, did not yield immediate clarity on AI chip exports or NVIDIA-specific outcomes 12. While the call sparked initial optimism in markets, the lack of concrete details leaves NVIDIA’s prospects tied to unresolved trade tensions and regulatory risks 56.
Analysis
Key Takeaways from the Trump-Xi Call
Aspect | Details |
---|---|
Initiation | The call was requested by Trump, marking the first direct dialogue since the escalation of tariff disputes 14. |
Market Reaction | Stocks initially rose on hopes of de-escalation but quickly reversed, reflecting uncertainty 39. |
Trade Context | Tariffs remain at 30% for U.S. imports from China and 10% for Chinese imports, with accusations of violations from both sides 14. |
NVIDIA-Specific Outcomes | No official statements or press releases from the White House or Chinese foreign ministry address NVIDIA or AI chip exports 1011. |
NVIDIA’s Risks and Opportunities
Risk | Opportunity |
---|---|
Export Bans | The H20 chip ban cost NVIDIA $2.5B in Q1 2026 and $8B in Q2 56. |
Chinese Competition | Huawei is poaching NVIDIA engineers to develop AI alternatives 812. |
Market Access | A potential loosening of restrictions could unlock China’s $50B AI market 513. |
Market Sentiment and Analysts
- Bullish View: Morgan Stanley calls NVIDIA a “unique” opportunity, citing its dominance in AI infrastructure 13.
- Bearish View: HSBC and D.A. Davidson warn of prolonged risks from U.S.-China trade policies 7.
- Stock Performance: NVIDIA closed at $141.26 (-0.48%) on June 5, reflecting mixed sentiment 14.
Conclusion
The Trump-Xi call offers no immediate relief for NVIDIA but underscores the critical role of U.S.-China trade dynamics in shaping the company’s future 15. Investors should remain vigilant to regulatory developments and competitive pressures in the AI sector.
NVDA Trend
Source:
n
1.
Trump and Xi talk on phone as tariff battle continues
more
less
Continue this conversation 

Explore
Screener
Analysis
Learn
News