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Nvidia meets Chinese trade negotiator as fresh US chip sanctions loom

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Beijing's top trade negotiator met the head of Nvidia's global business operations on Monday, ahead of an expected escalation of US restrictions on China's semiconductor industry, which reportedly could come as soon as this week.
The article from Yahoo Finance discusses Nvidia Corp.'s CEO Jensen Huang meeting with Chinese Commerce Minister Wang Wentao in Beijing to address U.S. export restrictions on high-end semiconductors to China. The meeting, which took place on a Sunday, was part of Nvidia's efforts to navigate the complex trade environment between the U.S. and China. These restrictions, aimed at preventing the use of advanced chips in military applications, have significantly impacted Nvidia's sales in China, one of its largest markets. The discussions focused on maintaining a stable supply chain for chips and ensuring that Nvidia can continue to do business in China under the new regulations. The meeting underscores the broader geopolitical tensions affecting the tech industry, with both countries seeking to balance national security concerns with economic interests.

Read the Full Yahoo Article at [ https://www.yahoo.com/finance/news/nvidia-meets-chinese-trade-negotiator-093000428.html ]