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Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports

  • Nvidia CEO Jensen Huang visited Beijing, emphasizing the importance of the Chinese market for Nvidia, according to CCTV.
  • Nvidia expects a $5.5 billion earnings hit due to new US licensing requirements affecting sales to China.
  • Washington has imposed tariffs of up to 245 percent on Chinese imports, leading to Beijing's retaliation with 125 percent levies on US goods.
  • Huang reiterated that Nvidia seeks 'continued cooperation' with China amid ongoing trade tensions with the US.
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Folha de S.Paulo broke the news in São Paulo, Brazil on Thursday, April 17, 2025.
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