Nvidia’s Huang to visit China as AI chip sales stall

BEIJING — Nvidia CEO Jensen Huang plans to sojourn China successful the coming days up of the mid-February Lunar New Year, 2 radical acquainted with the substance told CNBC.

The travel comes arsenic questions persist implicit the U.S. spot giant's quality to merchantability successful the Chinese market, which erstwhile accounted for at slightest one-fifth of revenue from Nvidia's information halfway business.

U.S. export restrictions person prevented Nvidia from selling its astir precocious chips to China arsenic Washington seeks to support an borderline implicit Beijing successful chips utilized to make cutting-edge artificial intelligence.

Huang is expected to be an Nvidia institution enactment successful Beijing connected Monday, said 1 of the sources, who requested anonymity to talk astir the trip.

He is besides acceptable to conscionable with imaginable buyers successful China and sermon caller logistical challenges successful supplying U.S.-approved Nvidia chips into the market, according to a idiosyncratic with nonstop cognition of the question plans.

The Information reported past week, citing sources, that China would lone o.k. section purchases of Nvidia's H200 AI chips for limited purposes specified arsenic research. When asked astir the study Thursday, China's Commerce Ministry claimed it was unaware of the situation.

Bloomberg archetypal reported news of Huang's China trip earlier this week. Nvidia declined to remark connected enforcement question plans.

Huang visited mainland China astatine slightest three times past year, including in January for Lunar New Year celebrations.