Nvidia Prepares China-Specific AI Chip Amid US Export Curbs As CEO Jensen Huang Plans Beijing Visit Next Week To Reassure Market: Report
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Nvidia CorporationNVDACEOJensen Huangis reportedly preparing for a key diplomatic mission to China, where the company plans to launch a scaled-down AI chip compliant withU.S. export restrictions.What Happened:The processor is a modified version of itsBlackwell RTX Pro 6000chip and omits advanced features such as high-bandwidth memory andNVLink,reportedthe Financial Times, citing people with knowledge of the plans.Nvidia is expected to unveil a new AI chip tailored specifically for the Chinese market as early as September.Huang is also planning to meet with top Chinese officials, including PremierLi Qiangand Vice PremierHe Lifeng, during next week's InternationalSupply Chain Expoin Beijing, the report said.The schedules have not yet been finalized and are still awaiting approval from the Chinese side.Read Also:Humble Beginnings: Like NVIDIA, Reddit Was Founded Inside A RestaurantWhy It's Important:The visit underscoresNvidia's attempt to maintainits $17.1 billion China business, which makes up 13% of its total revenue."China has one of the largest populations of developers in the world," Nvidia said in a statement to the publication, but denied saying anything about the new chip’s design. "While security is paramount, every one of those applications should run best on the U.S. AI stack."Nvidia has changed its financial strategy after U.S. export controls blocked AI chip sales to China, causing a $2.5 billion revenue loss in the first quarter of 2025. Last month, Huang said Nvidia willno longer include Chinain its forecasts due to ongoing restrictions, calling any future China revenue a "bonus."The company also recorded a $4.5 billion charge from excess inventory afterhalting shipmentsof its China-specificH20AI chips.On Wednesday, the chip giant briefly touched the$4 trillion market capmilestone.Price Action:Nvidia shares are up 17.76% year-to-date and have risen 20.73% over the past 12 months. On Wednesday, the stock gained 1.80%, closing at $162.88, perBenzinga Pro data.Benzinga's Edge Stock Rankingsindicate that Nvidia continues to show strong upward momentum in the short, medium and long term.Additional performance details can be found here.Photo by gguy via ShutterstockLoading...Loading...Read More:‘Most People Don’t Have The B**ls To Do It,’ Says Mark Cuban, Praising Musk For Going ‘All In’ With His Own Money For His StartupsDisclaimer:This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.NVDANVIDIA Corp$163.360.29%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentum75.97Growth98.61QualityN/AValue6.61Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:NewsTechMediaartificial intelligencebenzinga neuroChinaInternational Supply Chain ExpoJensen HuangStories That MatterUS chip restrictions