One of the first companies to react to this regulation Nvidia happened. Nvidia, which suddenly became the most valuable American company thanks to the explosion in the field of artificial intelligence, argued that this embargo on AI chips would block innovation and harm the USA.
Although Nvidia criticized this decision of the USA, this did not prevent it from encountering problems in China. As a matter of fact, shortly after Biden signed this decision Antitrust investigation launched against Nvidia in China. Aware of the upcoming crisis after Biden’s decision, Nvidia is now doing its best to keep good relations with China.
Nvidia CEO Jensen Huang Skipped Trump’s Inauguration Ceremony and Went to China
He recently went to China to attend the Chinese New Year celebrations. Nvidia CEO Jensen Huangmade a number of statements highlighting how important China was to them during his time there. Huang, who visited Nvidia’s offices in Beijing and Shenzhen, praised the Chinese team working there and pointed out that the team there stayed at the company longer compared to other countries. Thanking nearly 4 thousand employees in China for their loyalty to the company, Huang stated that this team plays an important role in Nvidia’s success.
Due to Jensen Huang’s visit to China Donald Trump will not attend the oath ceremonyIt is considered a symbolic decision that emphasizes how important China is to them. Of course, one wonders how this will respond to Donald Trump. Because he managed to gather technology leaders such as Elon Musk, Mark Zuckerberg and Jeff Bezos around him before he even returned to the White House. Now, Jensen Huang’s exclusion from this group may be one of the decisions that will shape his relations with the Trump administration in the coming period.
Nvidia Wants to Move Some of Its Operations to Asia
It’s no surprise that Nvidia wants to keep relations with China as good as possible. Because the Chinese market contributed 5.4 billion dollars to the company’s revenue in the last quarter alone. of the company China, where it generates 17 percent of its total revenueIt ranks third in terms of contribution to Nvidia’s revenue, behind the United States and Singapore. That’s why it is of great importance for Nvidia to retain control of the Chinese market.
On the other hand, Nvidia intends to further strengthen its presence in the Asian market. The company opened a new headquarters in Taiwan It has been rumored for a while that it will shift some of its operations to Asia. According to reports in the Taiwanese press, the company is currently looking for a place in Taiwan to establish its new headquarters, where more than 2,500 personnel will work.
Source
https://www.globaltimes.cn/page/202501/1327192.shtml
https://www.gizmochina.com/2025/01/20/nvidia-ceo-chooses-china-over-trumps-inauguration-visits-his-employees-in-beijing-and-thanks-them-for-loyalty/
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