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Nvidia CEO Jensen Huang Visits China Amidst Geopolitical Tensions with US

Editorial, CNBC Indonesia

Tech

Monday, 01/22/2024 21:00 WIB

Photo: NVIDIA CEO, Jensen Huang (Doc. nvidia.com)

Jakarta, CNBC Indonesia Nvidia founder Jensen Huang quietly celebrated New Year in China. This is the first time the boss of the United States (US) chip giant has visited China after 4 years.

The visit was carried out amidst increasingly heated geopolitical tensions between China and the US. Nvidia itself is one of the sensitive elements in the technology ‘war’ between the two countries.

It is known that Nvidia is the largest AI chip manufacturer in the world. So far, China is the largest client which contributes to the majority of Nvidia’s revenue.

However, the Joe Biden administration implemented a policy of blocking exports of advanced chips and chip-making equipment to China.

Huang visited Nvidia’s offices in Shenzhen, Shanghai and Beijing, according to insider reports. Over the weekend, a video circulated of the 60-year-old man dancing and having fun with employees in China.

It is not known whether Huang’s visit to China also has an agenda to meet local officials formally, quoted from Yahoo Finance, Monday (22/1/2024).

Previously, Huang had warned the Joe Biden administration about the impact of blocking chips on China. According to him, this tactic will actually encourage local players to develop chips independently.

As a result, US technology companies will suffer in the long term. Therefore, the US then softened the blocking rules.

Nvidia and other US companies can still export chips to China, as long as they are not with the highest and newest specifications.

Watch the video below:

Playing Back with China, Former Samsung Boss Becomes Fugitive

(fab/fab)

2024-01-22 14:00:00
#Joe #Biden #Blocks #China #American #Chip #King #Mountain

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