financetom
Business
financetom
/
Business
/
Market Chatter: Nvidia CEO Plans Beijing Visit Amid Plans for China-Only AI Chip
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Nvidia CEO Plans Beijing Visit Amid Plans for China-Only AI Chip
Jul 9, 2025 11:54 AM

02:17 PM EDT, 07/09/2025 (MT Newswires) -- Nvidia ( NVDA ) is planning to launch a new artificial intelligence chip designed specifically for the Chinese market as early as September, The Financial Times reported Wednesday, citing unnamed people with knowledge of the matter.

The chip is a modified version of its existing Blackwell RTX Pro 6000, adjusted to comply with tightened US export rules under President Donald Trump, the report added.

Chief Executive Jensen Huang is expected to visit China to reaffirm Nvidia's ( NVDA ) commitment and attend the International Supply Chain Expo in Beijing, which starts next Wednesday. During the trip, he aims to meet with senior Chinese leaders, including Premier Li Qiang and Vice-Premier He Lifeng, though these meetings have not yet been confirmed, the report said.

Nvidia ( NVDA ) is currently waiting for approval from the US authorities to ensure the product complies with export rules. Meanwhile, Chinese customers have already tested chip samples and shown strong interest in placing orders, according to the report.

Nvidia ( NVDA ) didn't immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 162.74, Change: +2.74, Percent Change: +1.71

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bicara Therapeutics Shares Rise After Nasdaq Debut at Higher Than IPO Price
Bicara Therapeutics Shares Rise After Nasdaq Debut at Higher Than IPO Price
Sep 13, 2024
01:59 PM EDT, 09/13/2024 (MT Newswires) -- Bicara Therapeutics (BCAX) shares were up more than 42% in recent Friday trading after the company's stock marked its Nasdaq debut at higher than the $18-per-share IPO price. The company's shares were trading at $25.70 per share in recent trading after opening at $26.25. The company, on late Thursday, said it is offering...
Future Vision II Acquisition Closes IPO
Future Vision II Acquisition Closes IPO
Sep 13, 2024
01:59 PM EDT, 09/13/2024 (MT Newswires) -- Future Vision II Acquisition ( FVNNU ) closed its initial public offering of 5.75 million units, including 750,000 units for the underwriter's full exercise of an overallotment option. Priced at $10 per unit, the offering resulted in gross proceeds of $57.5 million, the blank-check company said. The units started trading Thursday on the...
EU plans Sept 25 vote on raising tariffs on EVs from China, Bloomberg News reports
EU plans Sept 25 vote on raising tariffs on EVs from China, Bloomberg News reports
Sep 13, 2024
(Reuters) - The European Union is aiming to hold a vote to introduce definitive tariffs on electric vehicles imported from China on Sept. 25, Bloomberg News reported on Friday, citing people familiar with the plan. ...
Sector Update: Health Care Stocks Rise Friday Afternoon
Sector Update: Health Care Stocks Rise Friday Afternoon
Sep 13, 2024
01:58 PM EDT, 09/13/2024 (MT Newswires) -- Health care stocks advanced Friday afternoon with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) adding 0.4%. The iShares Biotechnology ETF (IBB) climbed 1.3%. In corporate news, MBX Biosciences (MBX) shares debuted on Nasdaq with an opening price of $23 apiece, above the initial public...
Copyright 2023-2026 - www.financetom.com All Rights Reserved