According to foreign media reports, NVIDIA (Nvidia) CEO Huang Jensen said that he was not sure whether the Trump-Xi meeting would help NVIDIA return to China, and expressed the hope that there would be new policies to allow NVIDIA to return to the Chinese market. NVIDIA chips are at the center of the struggle between the United States and China, but the issue was not touched upon at the Trump-Xi meeting, leaving confusion to the outside world.

The New York Times Chinese website reported on the 3rd that after the Trump-Xi meeting on October 30, U.S. President Trump told reporters that he discussed semiconductor issues with Chinese President Xi Jinping, but did not mention NVIDIA’s most advanced artificial intelligence (AI) technology. He added that Chinese officials would discuss "chip purchases" with NVIDIA, with the United States playing the role of "referee."

Reports pointed out that Trump’s remarks caused confusion in the outside world because before the meeting, Trump had hinted that he would discuss NVIDIA’s most advanced AI semiconductors with Xi Jinping, triggering speculation that the United States might relax related technology controls.

Huang Renxun arrived in South Korea shortly after the Sichuan-Xi meeting. He said at a press conference during the Asia-Pacific Economic Cooperation Conference (APEC) on October 31, "I did not get any new information from this meeting." "I hope we can have new policies to allow NVIDIA to return to the Chinese market and let China welcome NVIDIA again."

Reports pointed out that at a time when the demand for technical infrastructure for artificial intelligence systems is growing rapidly, obtaining NVIDIA's chips has become a national security issue, and NVIDIA has therefore been involved in the core of the economic dispute between China and the United States.

Before Trump took office, the U.S. government formulated regulations to restrict the sales of NVIDIA’s most advanced chips in China. The Trump administration initially banned the export of NVIDIA's H20 chip, which was specially designed for China. But in July, Trump revoked the ban and said that sales of H20 chips could resume, and the federal government would take a 15% share of the sales revenue.

But before NVIDIA took action, China closed market access to NVIDIA. In July, China’s Internet regulator summoned NVIDIA and asked it to explain the security risks involved in one of its chips. Beijing has also discouraged Chinese companies from using H20 chips, urging them to switch to domestic alternatives.

Huang Renxun said that NVIDIA’s current business in China has “returned to zero”. Before that, they occupied almost the entire market. He reiterated his consistent claim that NVIDIA should be allowed to sell chips in China. Huang Renxun said that some of the U.S. concerns about national security are exaggerated because the Chinese military does not need NVIDIA chips to develop artificial intelligence technology. He warned that if the United States cuts off its connection with the huge Chinese market, it may lose its leadership position in this field.

Huang Renxun said, "It is crucial for the United States to return to the Chinese market." "As an American company, we hope that American artificial intelligence technology will become a global standard." He said that NVIDIA's technology is far superior to Chinese competitors, so it is "very beneficial" to China. But he also said that "it is unwise to underestimate China's strength."

Further reading: Talking about NVIDIA Blackwell chips, Trump: He won’t let others get them Details of Sichuan-Xi meeting agreement made public! China suspends rare earth controls, releases Nexperia, and US delays tariffs