Nvidia CEO Meets with China Commerce Minister to Discuss Foreign Investment and AI Cooperation

Nvidia's CEO Jensen Huang met with China's Commerce Minister Wang Wentao to discuss foreign investment and AI. Huang expressed hope for more clarity on China's foreign investment policies, while Wang encouraged companies like Nvidia to provide high-quality and reliable products and services to Chinese customers. The meeting aims to strengthen ties between the two nations in the tech sector.

Nvidia's CEO Jensen Huang met with China's Commerce Minister Wang Wentao on July 18, 2025, to discuss foreign investment and artificial intelligence (AI) collaboration. The meeting, held in Beijing, marked Huang's third visit to China this year and was part of a broader effort to strengthen ties between the two nations in the tech sector.

During the meeting, Wang expressed hope that multinational companies, including Nvidia, would provide high-quality and reliable products and services to Chinese customers. He also reaffirmed China's policy of attracting foreign investment, stating that the door to openness would only open wider [1].

Huang, in turn, highlighted the attractiveness of the Chinese market and Nvidia's willingness to deepen cooperation with Chinese partners in the field of AI. He also praised AI models from Chinese firms such as Deepseek, Alibaba, and Tencent as "world class," emphasizing AI's role in revolutionizing supply chains [2].

The meeting comes as Nvidia prepares to resume sales of its high-end AI chips to China. The U.S. government has reportedly approved the sales of Nvidia's H20 AI chips to Chinese customers, following a ban imposed in April. The H20 chip was designed to comply with U.S. export restrictions while serving demand from Chinese cloud service providers and AI firms [3].

Nvidia has also announced the development of a new chip, the RTX Pro GPU, specifically designed for smart factories and robot training purposes. This chip is compliant with U.S. export restrictions and is aimed at addressing the growing demand for advanced semiconductors in China [4].

The meeting and subsequent developments are seen as a sign of diplomatic de-escalation between the U.S. and China, particularly in the tech sector. The easing of restrictions on AI chip exports is viewed as a positive development by investors, who see it as a potential reprieve for U.S. semiconductor giants heavily reliant on sales to the Chinese market [5].

References:
[1] https://www.reuters.com/world/china/china-commerce-minister-discussed-foreign-investment-ai-meet-with-nvidia-ceo-2025-07-18/
[2] https://seekingalpha.com/news/4468745-nvidias-ceo-chinas-commerce-minister-discuss-foreign-investment-ai
[3] https://www.aol.com/china-commerce-minister-discussed-foreign-041655713.html
[4] https://www.ainvest.com/news/house-china-panel-query-commerce-dept-nvidia-h20-chip-china-sales-2507/
[5] https://www.fingerlakes1.com/2025/07/17/nvidia-stock-outlook-china-chip-exports-43687648/