Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang is reportedly expected to join President Donald Trump at a state dinner for Chinese President Xi Jinping.
Jensen Huang to Attend Trump-Xi State Dinner
Huang is set to attend the dinner when Xi travels to Washington for a meeting with Trump on Sept. 24, CNBC reported on Tuesday, citing a person familiar with the guest list.
In a statement to the publication, the White House said Trump invited several prominent U.S. business leaders to the dinner, adding that the president wants to prioritize deals that benefit the U.S.
Nvidia and the White House did not immediately respond to Benzinga’s request for comment.
Nvidia CEO at Center of US-China AI Race
Huang’s attendance comes as AI and semiconductors remain central to the U.S.-China relationship.
Nvidia supplies chips widely used to develop and run AI systems, making the company a major player in the technology competition between Washington and Beijing.
Huang has also maintained close ties with Trump. In May, Trump traveled to Beijing for his first state visit to China since 2017.
At the time, He was among U.S. business leaders who traveled to China with the president. He has also attended a dinner Xi hosted for Trump in China.
In August, reports said limited shipments of Nvidia’s powerful H200 AI chips had been approved for mainland China.
Price Action: Nvidia shares closed at $212.17 on Tuesday, up 0.57%, and rose another 0.10% to $212.39 in after-hours trading, according to Benzinga Pro.
According to Benzinga Edge Rankings, Nvidia ranks in the 98th percentile for Growth, with positive medium- and long-term price trends but a downward short-term trend. Investors can also compare Nvidia with peers such as AMD using Benzinga’s stock screener.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: glen photo on Shutterstock.com
Login to comment