Nvidia’s Huang joining Trump on UK state visit next week

Nvidia CEO Jensen Huang told President Donald Trump next week during a state visit to England, who is familiar with plans and told Kristina Partsinevelos from CNBC to CNBC on Monday.

The person asked him to remain anonymous to discuss the journey.

Nvidia is one of the few US business leaders who are expected to accompany Trump, including Sam Altman from Openai, Steven Schwartzman of Blackstone CEO and Larry Fink, CEO of Blackrock. According to Sky NewsThis was the first time reported.

Apple According to the report, CEO Tim Cook was invited.

According to Sky News, luminaires are expected to join Trump at a state feast hosted by King Charles planned next week.

Although Huang was not at the White House dinner for Trump’s Tech CEOs last week, his participation in the UK trip emphasizes how determined to manage Chipmaker’s relationship with the president because he sought new licenses to sell Nvidia’s generation Blackwell chips in China.

Since the company’s access to the Chinese market was questioned earlier this year, he developed a close relationship with Huang Trump and praised the president’s commitment to US production.

Huang has tried to convince the President of the President to export Nvidia’s chips to China, because it is good for US national security, because it means that the US will lead the AI ​​race.

Trump praised Nvidia for being a technological leader, and said the company was satisfied with the exceeding a market value of $ 4 trillion.

Earlier this year, Nvidia said that access to the Chinese market was cut by the Trump administration using export controls. Huang met with Trump twice during the summer with Trump twice during the summer and waived export for the China AI chip H20.

Trump said he negotiated 15% of these chip sales with Huang. Nvidia said the details of the US government’s deduction last month was not concluded.

Huang also joined Trump for an investment forum in May.

Nvidia said he had previously had to scrape H20 chips that could sell $ 8 billion in a quarter. He said he could sell $ 5 billion H20 chips in this quarter, depending on the geopolitical environment.

However, Nvidia is now focusing on getting a license to sell new chips to China, and Huang said it was a “real possibility” that she could get approval to investors last month.