US senators warn Nvidia CEO about upcoming China trip

US senators warn Nvidia CEO about upcoming China trip


Nvidia CEO Jensen Huang visits Lawrence Berkeley National Lab to announce a U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, on May 29, 2025.

Manuel Orbegozo | Reuters

A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls.

The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from meeting with representatives of companies that are working with the People’s Republic of China’s military or intelligence bodies. The senators also asked Huang to refrain from meeting with entities named on the U.S. restricted export list.

“We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls,” the senators wrote. Huang planned to visit China on Friday.

An Nvidia spokesperson said, “American wins” when its technology sets “the global standard,” and that China has one of the largest bodies of software developers in the world. AI software “should run best on the U.S. technology stack, encouraging nations worldwide to choose America,” the spokesperson said.

In May at the Computex trade show in Taipei, Huang praised President Donald Trump’s decision to scrap some artificial intelligence chip export controls and described the prior diffusion rules as a failure.

U.S. restrictions in April on AI chips Nvidia modified to comply with export controls to China would reduce Nvidia’s revenue by $15 billion, the CEO said.

The hardware necessary to power advanced AI is now subject to a bipartisan consensus related to the free export of such hardware, the senators wrote.

Advanced AI hardware could “accelerate the PRC’s effort to modernize its military,” the letter reads. U.S. lawmakers have grown increasingly concerned about efforts to circumvent export controls to China and proposed a law that would force AI chip companies to verify the location of their products.

Last month, Reuters reported that a senior U.S. official said the AI firm DeepSeek is aiding China’s military and intelligence operations, and sought to use shell companies to circumvent U.S. AI chip export controls to China. Nvidia is planning to launch a cheaper version of its flagship Blackwell AI chips for China, Reuters reported in May.

The senators said in the letter they had previously expressed concern that Nvidia’s actions could support the AI and chip industries in China and cited Nvidia’s new research facility in Shanghai as an example.



Source

Meta’s co-founder says being a CEO for 13 years was exhausting: I ‘put on this face day after day’
World

Meta’s co-founder says being a CEO for 13 years was exhausting: I ‘put on this face day after day’

Dustin Muskovitz, co-founder and chairman at Asana. Stefanie Keenan | Getty Images Entertainment | Getty Images Meta’s co-founder Dustin Moskovitz opened up about the pains of leadership and admitted that 13 years of being a CEO was “exhausting.” Moskovitz, one of the original founders of Meta, formerly Facebook, co-founded the social platform in 2004 alongside Mark […]

Read More
How a cheese ban drove a new wedge between the UK and EU
World

How a cheese ban drove a new wedge between the UK and EU

European consumers are facing higher prices when going to the supermarket. Andia | Universal Images Group | Getty Images Relations between the the U.K. and European Union are arguably at the best they’ve been since the Brexit vote in 2016 but there’s an ongoing cold front between the neighbors over a ban on continental cheese […]

Read More
‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs
World

‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs

Passive investing through exchange-traded funds may be losing its appeal. Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes.  “I think investors are looking beyond just the let’s call it the ‘VOO and chill approach’ where you just buy […]

Read More