BEIJING, July 18 (Reuters) - China's Commerce Minister
Wang Wentao said on Friday he met with Nvidia ( NVDA ) CEO
Jensen Huang in Beijing on Thursday.
Wang said at a press conference that Huang had worked very
hard over the past few days during his visit to China, but Wang
did not provide any details about what was discussed at their
meeting.
Nvidia ( NVDA ) did not respond immediately to a request for comment.
During his third China visit this year, Huang, the founder
and CEO of the world's most valuable company, also met with Ren
Hongbin, chairman of China Council for the Promotion of
International Trade and the country's Vice Premier He Lifeng.
Chinese officials told Huang they welcomed foreign companies
to continue to invest in the country, the Nvidia ( NVDA ) CEO said at a
press conference in Beijing on Wednesday.
At the event, Huang described artificial intelligence models
from Chinese firms Deepseek, Alibaba ( BABA ) and Tencent ( TCTZF )
as "world class" and said AI was "revolutionising"
supply chains.
Huang also said Chinese customers' demand for its H20 AI
chip, which was released from U.S. export controls this week, is
high but no purchase orders have been fulfilled yet as it awaits
U.S. government approval for export licences.
Nvidia ( NVDA ) has also announced it is developing a new chip for
Chinese clients called the RTX Pro GPU, which would be compliant
with U.S. export restrictions and designed specifically for
smart factories and for robot training purposes.