Nvidia’s Future in China Remains Unclear After Trump-Xi Summit
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- Jensen Huang joined President Trump’s delegation to Beijing at the last minute, a signal that Nvidia was seeking progress on its stalled Chinese sales.
- Trump approved Nvidia’s sale of the H200 AI chip to China in December, but Beijing has not greenlit any purchases and no H200 units have been sold.
- Jamieson Greer told Bloomberg the H200 purchase is a sovereign decision for China and that chip export controls were not discussed at the summit.
- DeepSeek announced its latest AI model is optimized to run on Huawei chips, marking a milestone in China’s push for domestic AI hardware.
- Beijing is urging Chinese AI firms to rely on domestic chipmakers like Huawei, reducing reliance on U.S. technology.
Why it matters: Nvidia loses the chance to sell any H200 units in China, while Huawei gains domestic AI hardware sales, tightening China's tech self‑sufficiency and reducing U.S. leverage over Chinese AI development.
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