April 17, according to a report by the Financial Times of the UK, NVIDIA CEO Jensen Huang visited Beijing today (April 17) and met with Liang Wenfeng, founder of generative AI startup DeepSeek, to discuss how to design next-generation chips for China to meet customer demands as well as regulatory requirements from both China and the US.

NVIDIA CEO Jensen Huang
In addition, according to reports by CCTV News, Ren Hongbin, president of CCPIT, held talks with Jensen Huang in Beijing. This is Huang's second visit to Beijing in three months. Huang said, "China is a very important market for NVIDIA," and expressed his hope that the company could "continue to cooperate with China."
Regarding the H20 chip export restrictions imposed by the US government on NVIDIA to China, Huang stated that the strengthened US chip export control has had a significant impact on NVIDIA's business. As an enterprise deeply rooted in the Chinese market for thirty years, NVIDIA has grown together with the Chinese market, achieving mutual success. China is not only one of the largest consumer markets in the world but also its thriving industrial ecosystem and leading software capabilities have become important drivers for their continuous innovation. NVIDIA will continue to optimize its product system in compliance with regulatory requirements and steadfastly serve the Chinese market.
Huang also stated that artificial intelligence is profoundly changing the development landscape of many industries, but this is just the beginning. Whether it is healthcare, financial services, climate technology, or manufacturing, every industry will experience disruptive changes brought about by artificial intelligence.
On local time April 16, according to The New York Times, three informed sources revealed that the Trump administration was considering punitive measures to prevent DeepSeek from purchasing US technology and discussed banning Americans from using its services. On the same day, relevant US departments launched an investigation into NVIDIA's chip sales in Asia, attempting to assess whether NVIDIA intentionally provided key technologies for developing artificial intelligence to DeepSeek.
As early as April 15, a spokesperson for the US Commerce Department stated that new chip export license requirements were being issued, including NVIDIA's H20, AMD's MI308, and their equivalents. NVIDIA disclosed that due to the US government's restrictions on exporting its H20 AI chips to China, the company would incur $5.5 billion in costs.
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Source: https://www.toutiao.com/article/7494225770757063219/
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