Overview
- Senators Jim Banks and Elizabeth Warren urged Huang to avoid meetings with firms tied to China’s military or on the U.S. restricted export list.
- Huang will host a media briefing in Beijing on July 16, marking his second visit to China this year.
- Since 2022, U.S. export rules have blocked sales of Nvidia’s most advanced GPUs to China and in early 2025 they banned the H20 AI chip.
- Nvidia generated $17 billion from Chinese customers in its fiscal year ending January 2025, accounting for 13% of its total sales.
- In a CNN interview, Huang said China’s military is unlikely to use U.S. AI chips because of the risks involved.