Nvidia CEO Jensen Huang visits China, praises its electric vehicles and tech innovation, calls Xiaomi a miracle, and hopes for stronger US-China tech ties.

Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi

They don’t need Nvidia’s chips … to build their military,” Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.

After Tesla boss Elon Musk and Apple CEO Tim Cook fell out of favour with US President Donald Trump, Nvidia CEO Jensen Huang has emerged as a key player in easing tensions between the United States and China amid ongoing trade war and geopolitical tensions.

Huang is now richer than LVMH’s Bernard Arnault ($147.9 billion) and just behind Google co-founder Larry Page ($150.6 billion).

Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.

NVIDIA's H20 AI GPUs are once again allowed to be sold in China following a reversal of restrictions by the Trump administration, and NVIDIA's CEO claims it wasn't he who changed the US President's mind.