ET 05:11

Nvidia CEO Huang Visits Shanghai Market Amid China Business Trip, Focus on H200 Deployment

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Nvidia (NVDA-US) CEO Jensen Huang was seen visiting a traditional food market in Shanghai on Saturday, January 24, during his first trip to China in 2026. The visit, which included purchasing fruit and giving a signed red envelope to a vendor, highlighted his informal public engagements while on a business trip focused on reinforcing the company's China operations and clarifying compliance for its H200 AI chips. Huang arrived in Shanghai on Friday, January 23. His itinerary includes attending company events and visiting Nvidia's new Shanghai office in Zhangjiang, a 16-story facility opened in May 2025 to accommodate its growing local workforce, now nearing 4,000 employees. An executive from a foreign semiconductor firm indicated the core purpose of Huang's visit is to navigate the practical compliance boundaries for H200 sales in China, ensuring the chips can be deployed under U.S. export rules. China accounted for roughly $17 billion, or 13%, of Nvidia's revenue in fiscal 2024.

EditorLim