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Nvidia boss Jensen Huang meets Shanghai mayor in wake of new US export controls on chips

The tech chief executive’s visit is seen by Chinese media as a sign the US company remains committed to the country

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Shanghai Mayor Gong Zheng, r(ight) welcomes Nvidia chief executive Jensen Huang to Shanghai. Photo: Shanghai Fabu
He Huifengin Guangdong
Nvidia chief executive Jensen Huang met the mayor of Shanghai on Friday, a day after holding talks with senior figures in the central government.
The trip, Huang’s second visit to China in the space of three months, is taking place as the United States further tightens controls on semiconductor exports.

On Thursday, Huang met He Lifeng, the Chinese vice-premier in charge of US-China trade talks, a move Chinese media widely interpreted as a signal that the tech giant remained committed to the Chinese market.

The following day Shanghai mayor Gong Zheng welcomed Huang to the city and told him that Shanghai had a favourable business and industrial environment, according to the official municipal website.

It said Huang emphasised Nvidia’s ties to Shanghai, describing the city as one of the company’s key research and development hubs, and saying it was vital to Nvidia due to its market size, high-quality customer base and robust industry ecosystem.

He also highlighted the immense potential of artificial intelligence, and said the world should improve cooperation and share knowledge in the cause of progress and global prosperity.

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