Nvidia CEO Jensen Huang praised China's AI models a day after the U.S. chipmaker said it expected to resume sales of a key product to China. "More than 1.5 million developers in China build on Nvidia today to bring their innovations to life," he said.

Nvidia founder and CEO Jensen Huang has been active on the government relations and lobbying front, and now he’s got something big to show for his efforts: the Trump Administration has agreed to lift a ban on selling Nvidia H20 AI chips to China.

At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.

Nvidia CEO Jensen Huang, once apolitical, emerged as a key geopolitical player after US restrictions threatened chip sales to China. Lobbying Trump and navigating Washington, he helped reverse the ban,

"TSMC results again ease fears of an AI slowdown." Billy Leung, investment strategist at Global X ETFs, pointed to the demand outlook, alongside strong profit margins, as reinforcing confidence in the continued buildout of AI.

The billionaire, attending the opening ceremony of a supply chain expo, is on his third visit to China in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi

BEIJING: Nvidia CEO Jensen Huang called China's open-source artificial intelligence a "catalyst for global progress" and hailed the country's innovation in the sector as he addressed an expo in Beijing on Wednesday (Jul 16).

He also argued that Beijing already has Nvidia’s rival, Huawei, that could provide for the country’s AI needs if U.S. firms fail. The company lost roughly $4.5 billion from unsold H20 chips in May and stated that it would have raised its previous financial quarter sales by $2.