Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang is reportedly embarking on a trip to China towards the end of January to work on reopening the market for the company’s AI chips.

Huang Plans China Visit Ahead of Lunar New Year

Huang, who is scheduled to attend company parties in the nation ahead of the mid-February Lunar New Year celebrations, is also set to visit Beijing, reported Bloomberg on Wednesday. The publication stated that it is not clear if the CEO would meet top officials.

However, a CNBC report on Friday stated that Huang is expected to meet prospective buyers in China and address recent logistical hurdles affecting the supply of U.S.-approved Nvidia chips to the market.

Nvidia did not immediately respond to Benzinga’s request for comment.

Nvidia tightens H200 China sales terms

Earlier this month, it was reported that Nvidia is laying stringent terms for selling H200 artificial intelligence chips to China while trying to strike a balance between the regulatory situation in both Washington and Beijing. In a major shift from its previous approach, the company now plans to demand upfront payment of its H200 orders, and apply strict no-flexibility terms.

However, at the World Economic Forum, Davos, Huang expressed optimism about robust H200 orders from China. While the Trump administration has recently allowed the shipment of Nvidia’s H200 chips, the importers haven’t yet received approval from Beijing. Resellers in China reported that black-market servers containing 8 H200 GPUs are currently selling at a 50% premium at roughly 2.3 million yuan ($330,403).

The Information reported last week that China plans to restrict the approval of local purchases of Nvidia's H200 AI chips to only research-based purposes.

Benzinga's Edge Rankings place Nvidia in the 97th percentile for quality and the 94th percentile for growth, reflecting its strong performance in both areas. Benzinga’s screener allows you to compare Nvidia performance with its peers.  

Price Action: Over the past year, Nvidia stock surged 25.48%, as per data from Benzinga Pro. On Thursday, the stock edged 0.91% higher to close at $184.84.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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