Digest opened free editor
Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.
The CEO of Nvidia Jensen Huang visited Beijing on Thursday after new restrictions from Washington in Chipmaker’s China sales, whose shares declined.
Huang arrived in China on Wednesday to meet officials and technology leaders to discuss the repercussions from Donald Trump’s transfer to More restrictions of its sales In the country, according to the local media and a person familiar with his travel schedule.
His journey came at the invitation of the Chinese Council for the Promotion of International Trade, a government of government that is strongly involved in facilitating trade relations between the United States and China, according to the Chinese government media center on the social media service.
This position showed Huang smiling in front of the cameras and said that his visit came after the CEO said earlier that he wanted to continue to cooperate with China.
On Tuesday, the Trump administration announced export restrictions on Nafidia Sell the H20 SIM-a low-power version of artificial intelligence products specifically designed for the Chinese market to match the US control elements-in a step that did the company.
She left NVIDIA with the impression that it could continue to sell the slide to China after a meeting between Huang and Trump in Mar Lago this month. Chipmaker told its main Chinese customers, including alibaba, bytedance and TENCENT, that H20 purchases will not be affected.
Nvidia announced that it will take $ 5.5 billion profits As a result of new controls.
The journey comes as American lawmakers are Claim information From NVIDIA on whether the Chinese Deepseek group of artificial intelligence was able to get export chips.
This is a developing story
https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb3122fe6-551f-4c67-8416-4b46619aba89.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1
Source link