Nvidia CEO Jen-Hsun Huang's appearance at the company's Shenzhen branch annual meeting may have a deeper meaning.

Generated by AI AgentMarket Intel
Thursday, Jan 16, 2025 4:10 am ET1min read
NVDA--

On the night of January 15, an insider informed Yinyi Finance that Nvidia (NVDA.US) founder and CEO Jensen Huang had arrived in Shenzhen. According to Bloomberg, Huang stated that he came to the Nvidia Shenzhen branch to attend the annual meeting with employees, and then he would travel to Shanghai and Beijing. However, he still keeps changing his plans, and the specific itinerary is not yet determined. Yinyi Finance also attempted to contact Nvidia's official, and as of the time of writing, no accurate reply has been received. 01 A gathering of employees in three places According to the video released by the interface news, Huang said, "We only focus on taking care of our customers, I'm here to celebrate the Spring Festival with my colleagues." How about this year's annual meeting? Nvidia's colleagues sent some photos and videos shared by employees on site to Yinyi Finance. The photos show that this year's annual meeting in Shenzhen is a gathering of employees in Shenzhen, Guangzhou, and Hong Kong. 02 Perhaps there is a deeper meaning Bloomberg reported that it is not known whether Huang will participate in other activities. A year ago, Huang also conducted similar activities and interacted with employees in several cities in China. In fact, Nvidia has shown interest in expanding its business in the world's second-largest economy. According to company documents, Nvidia's profit in mainland China and Hong Kong was US$5.4 billion as of October 2024. In 2024, Nvidia will recruit hundreds of employees in China, mainly to enhance its research capabilities in autonomous driving technology. This time Huang's visit coincided with the inauguration of President-elect Trump on January 20. Bloomberg's technology news analysis pointed out that Huang is still trying to build bridges in different markets, and the Chinese market is particularly important to him. It is worth noting that Bloomberg analysts pointed out that in fact, US tech giants are all doing this, including Apple CEO Cook, who is a regular visitor to China.

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