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.

Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world's second-largest economy.

Nvidia CEO Jensen Huang hailed Chinese AI models like DeepSeek as world-class, adding that AI is ‘fundamental infrastructure’ akin to electricity. Speaking in Beijing, he called China's open-source AI a ‘catalyst for global progress’.

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.

The sales resumption of Nvidia's H20 processors and Advanced Micro Devices' (AMD) MI308 chips in China is expected to ease the anxiety of local artificial intelligence companies, according to analysts.