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Nvidia CEO Jensen Huang commended Chinese AI leaders Deepseek, Alibaba (NYSE:BABA), and Tencent as "world class" at the China International Supply Chain Expo in Beijing, emphasizing AI’s transformative impact on global logistics. His comments come as Nvidia prepares to resume sales of its sought-after H20 AI chips in China, following what Huang described as “constructive and positive” U.S.-China negotiations around export controls and rare earths.
On his third China trip this year—just days after meeting U.S. President Donald Trump—Huang underscored the strategic importance of China to American tech firms, calling it a “massive, dynamic, and highly innovative” market in an interview with CCTV. He added that Nvidia has been assured that export licenses for AI chips like the H20 will be approved quickly, with many Chinese firms already placing orders.
While Tencent and ByteDance are reportedly preparing applications for the H20 chips, ByteDance has denied submitting one, and Tencent has yet to comment. Meanwhile, Nvidia is also working on a new product—the RTX Pro GPU—designed specifically to meet U.S. export compliance rules for Chinese clients. Huang’s high-profile presence in Beijing highlights Nvidia’s balancing act amid intensifying tech rivalry between Washington and Beijing.
