CFP

AsianFin -- Nvidia CEO Jensen Huang emphasized the importance of the Chinese market during a visit to Beijing on Thursday, following fresh U.S. restrictions on the export of its H20 artificial intelligence chips to China.

“China is a very important market for Nvidia,” Huang said during a meeting with Ren Hongbin, chairman of the China Council for the Promotion of International Trade, according to state broadcaster CCTV. “We hope to continue our cooperation with China,” he added.

Huang’s visit, made at the invitation of the trade council, comes as Washington tightens controls on AI chip shipments to China. The H20 is currently the only data center GPU from Nvidia that complies with U.S. export regulations, but it too has now been affected by the latest curbs.

The new restrictions have added uncertainty for Chinese tech firms, many of which had been expecting H20 deliveries before the end of the year.

Huang also met with Liang Wenfeng, the founder of Chinese AI startup DeepSeek, to discuss new chip designs tailored for artificial intelligence applications, Financial Times reported.