Nvidia CEO meets China’s commerce minister to discuss AI cooperation, foreign investment

Chinese Commerce Minister Wang Wentao met Nvidia CEO Jensen Huang on Thursday to discuss artificial intelligence (AI) cooperation, days after the chipmaker said it was resuming sales of its H20 chips to the country.

Wang said China’s policies for attracting foreign investment remained unchanged, and its doors would only open wider, according to a statement issued by the ministry on Friday. Highlighting the country’s vast market, Wang encouraged multinational firms, including Nvidia, to continue providing high-quality and reliable products and services to Chinese customers.

Huang said the Chinese market was attractive and affirmed Nvidia’s commitment to deepening collaboration with Chinese partners in the AI sector, according to the statement.

On Monday, Nvidia said it was filing applications to resume sales of its H20 chips in China after the US government assured the company that licences would be granted. Those chips have been subject to Washington’s export restrictions since April.

The company also planned to introduce a new RTX Pro graphics processing unit that fully complied with regulatory requirements.

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Nvidia CEO Jensen Huang praises China’s AI progress following chip sales approval

Huang has emerged as an unofficial US emissary amid geopolitical tensions with China. “This month, Nvidia founder and CEO Jensen Huang promoted AI in both Washington and Beijing,” the California-based company said in its statement.

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