*
Huang's third visit this year highlights Nvidia's ( NVDA )
commitment to
Chinese market
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Huang mixed with fans, taking selfies, autographing
leather
jackets
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Nvidia ( NVDA ) caught in U.S.-China trade tensions, affecting $17
billion China business
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Huang praises Chinese tech giants, including rivals, for
tech
capabilities
By Che Pan, Liam Mo and Casey Hall
BEIJING/SHANGHAI, July 21 (Reuters) - Nvidia ( NVDA )
CEO Jensen Huang is no stranger to Beijing, but his most recent
visit, his third to China this year, cemented his rock star
status in the country, where fans mingled freely with the AI
titan on the streets of the capital.
It was a rare sight for a chief executive of one of the
world's most powerful companies to roam around Beijing, engage
in wide-ranging interviews, take selfies with excited fans and
even sign leather jackets - a signature clothing item of the
billionaire - for his devoted followers.
The tycoon at the helm of the world's most valuable company
arrived in Beijing for a supply chain expo last week just days
after meeting U.S. President Donald Trump and announced the AI
giant would once again be able to sell its H20 chips in China
following a U.S. ban in April on national security concerns.
Huang's company is caught in the cross-hairs of a U.S.-China
trade war that threatens to upend supply chains as both
countries battle for global dominance in AI and other
cutting-edge technologies, threatening Nvidia's ( NVDA ) $17 billion
China business.
While Huang appears to be navigating a delicate tightrope
between Beijing and Washington well, the company remains subject
to the ups and downs of Sino-U.S. tensions, analysts said.
"Jensen Huang's visit aimed to demonstrate Nvidia's ( NVDA )
commitment to the Chinese market," said Lian Jye Su, a chief
analyst at tech research firm Omdia. "However, this commitment
must be balanced against potential U.S. government concerns
about deepening ties with China."
Huang described AI models from Chinese firms Deepseek,
Alibaba ( BABA ) and Tencent ( TCTZF ) as "world class" and his
official engagements included a "wonderful" meeting with Chinese
trade tsar and Vice Premier He Lifeng and a face-to-face with
Commerce Minister Wang Wentao. Demand for H20 chips surged in
China following the launch of DeepSeek models in January.
"Nvidia ( NVDA ) will still need to see the tide clearly and ride it
at the right time to maximize the available benefits. But good
for the company, I think it has a CEO who's very good at doing
that," said Tilly Zhang, a technology analyst with Gavekal
Dragonomics.
Charlie Chai, an analyst with 86Research, said Nvidia's ( NVDA )
China market share was likely to slide in years to come.
"The Chinese government will actively help or subsidize
domestic rivals that can one day stand up to and, at least in
some use cases, replace high-end Nvidia ( NVDA ) chips."
SELFIES AND AUTOGRAPHS
In an unusual sight for a global CEO visiting China, videos
posted on social media platforms showed Huang wandering the
streets of Beijing, drink in hand, signing notebooks and posing
for selfies.
In response to questions about how Washington would likely
receive his latest visit to Beijing, the CEO said: "I told
President Trump and his cabinet that I was coming to China. Told
him about my trip here, and he said, 'Have a great trip'."
At the opening of the China International Supply Chain Expo
last Wednesday, Huang - who was born in Taiwan but moved to the
U.S. at the age of nine - traded his signature leather jacket
for a black, traditional Chinese-style jacket and referred to
himself in a speech as "Chinese".
In his Expo speech, as well as in later comments, Huang was
effusive in his praise for Chinese tech giants' capabilities in
bringing technology into applications, describing China's supply
chain as "vast".
Even arch rival Huawei Technologies, a firm that
Nvidia ( NVDA ) is locked in a strategic and intensifying battle for AI
chip dominance with, was lauded.
"I think the fact of the matter is, anyone who discounts
Huawei and anyone who discounts China's manufacturing capability
is deeply naive. This is a formidable company," Huang told
reporters.
(Reporting by Che Pan, Liam Mo and Casey Hall; Editing by Anne
Marie Roantree and Lincoln Feast.)