Nvidia CEO Jensen Huang arrived in China on April 16 and visited Beijing on April 17, a source says to meet officials to discuss Trump's new chip export rules

Meetings with Chinese vice-premier and DeepSeek founder come after US clamps down on chipmaker's sales to China

Financial Times 2025-04-17

Context & Ripple Effects

Huang’s Beijing meetings extend a pattern established by his January 2024 visits to Nvidia offices in Shenzhen, Shanghai, and Beijing as US controls constrained the company’s China business. This time, the reported agenda is explicitly the newly tightened export rules and includes both Chinese officials and DeepSeek’s founder.

The meetings matter because they put Nvidia’s access to a restricted market at the intersection of US policy, Chinese government engagement, and a prominent Chinese AI company’s hardware needs. The report does not indicate that the rules or any sales terms changed.

First-order effects

Nvidia gains a direct forum to communicate how the new US rules affect its China sales, while Chinese officials gain a senior-company contact on the restrictions’ local impact.
DeepSeek’s founder and Nvidia’s CEO can discuss the practical implications of the export limits for a Chinese AI developer, though no product, supply, or commercial outcome is reported.

Second-order effects

The meetings increase pressure for Nvidia and Chinese AI customers to plan around regulatory uncertainty rather than treat China access as a normal commercial sales question.
Rival chip suppliers and China-focused hardware alternatives may benefit if the tighter rules leave Nvidia with fewer products it can sell, but the article provides no evidence of a specific shift in purchases.

Third-order effects

If this pattern persists, advanced-chip market access will be shaped increasingly by government-to-company diplomacy alongside product performance and price.
The episode reinforces the recurring link between Huang’s China engagement and US export curbs: cross-border AI hardware supply is becoming a policy-constrained market with separate strategies for China and elsewhere.

The trend: This is one instance of the AI hardware market splitting into region-specific product and go-to-market strategies under export controls.

Discussion

@carlquintanilla Carl Quintanilla on bluesky
“.. According to two people familiar with his travel schedule, Huang met Nvidia clients, including the founder of generative artificial intelligence start-up DeepSeek, to discuss new chip designs for Chinese customers.” — @financialtimes.com $NVDA — www.ft.com/content/7a49...…
@zijing_wu Zijing Wu on x
Huang met with Chinese tech leaders including DeepSeek's Liang Wenfeng, to discuss the next generation of chips for China, two people with knowledge of the matter told us.
@shen_shiwei Shen Shiwei on x
Guess who is in Beijing today? What is the key message sent? Jensen Huang, CEO of NVIDIA, the world's largest chip maker by revenue arrives in Beijing and reaffirms commitment to China collaboration. He was invited by the China Council for the Promotion of International Trade [im…
@hsu_steve Steve Hsu on x
Jensen in Beijing: ... Huang met Nvidia clients, including the founder of generative artificial intelligence start-up DeepSeek, to discuss new chip designs for Chinese customers. ... Huang has called Huawei China's ‘single most formidable tech company’ https://www.ft.com/...
@onlyyoontv Eunice Yoon on x
$NVDA CEO in Beijing, says #China state TV linked social media account. Yuyuantantian, followed for U.S.-China trade issues, says: “at the invitation of the China Council for the Promotion of International Trade” @nvidia arrived in Beijing. It says 3 months ago, Huang “stated in …
@jukanlosreve @jukanlosreve on x
HUANG MET DEEPSEEK FOUNDER LIANG WENFENG IN BEIJING, TWO PEOPLE FAMILIAR WITH THE TRIP SAID, TO DISCUSS HOW TO DESIGN NEXT-GENERATION CHIPS FOR CHINA THAT WOULD MEET CLIENT NEEDS AND THE REGULATORY REQUIREMENTS OF BOTH THE US AND CHINA -FT
@sino_market @sino_market on x
🇨🇳NVIDIA CEO Jensen Huang Arrives in Beijing at CCPIT's Invitation, Reaffirms Commitment to China Collaboration NVIDIA Corporation CEO Jensen Huang arrived in Beijing today at the invitation of the China Council for the Promotion of International Trade (CCPIT). This visit comes […
@jukanlosreve @jukanlosreve on x
TSMC Q1 2025 [image]
@thetranscript_ @thetranscript_ on x
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@thetranscript_ @thetranscript_ on x
$TSM TSMC CFO: “Our business in Q1 25 was impacted by smartphone seasonality, partially offset by continued growth in AI-related demand...While we haven't seen any changes in our customers' behavior so far, uncertainties & risks from the potential impact of tariff policies exist”…
@skundojjala Sravan Kundojjala on x
TSMC 1Q25 vs 1Q24 Revenue: $25.526B (+35%) Gross Margin: 58.8% (53.1%) Operating Margin: 48.5% (42%) CapEx: $10.1B (+74%) Wafer Shipments: 3.259 m (+8%) Wafer ASP: $6806 (+25%) [image]
@jukanlosreve @jukanlosreve on x
- TSMC's Q1 net income: TWD 361.6 billion, up 60% year‑over‑year (estimate: TWD 346.76 billion) - Revenue: TWD 839.25 billion, up 41.6% year‑over‑year - Gross profit margin (GPM): 58.8% (estimate: 58.1%) [image]
@economyapp @economyapp on x
$TSM TSMC Q1 FY25: • Revenue +35% Y/Y $25.5B. • Gross margin 59% (+6pp Y/Y). • Operating margin 49% (+6pp Y/Y). • Capex $10.1B (vs. $11.2B in Q4 FY24). • EPADR $2.12 ($0.06 beat). 3nm & 5nm were 22% & 36% of revenue. [image]
@carnage4life Dare Obasanjo on bluesky
The US bans Nvidia from selling H20 processors to China The company expects to take a $5.5B hit due to lost sales and stock is -6% after hours. — Globalization was fun while it lasted. It's going to be hard for companies to meet growth expectations as their markets are shrinki…

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