Nvidia (NVDA) CEO Jensen Huang is in China with Trump. But Nvidia already has its export licenses. The holdup isn't Washington. It's Beijing, CNBC reports, citing sources familiar tell me. This trip may not change much
Newsquawk Staff ·
Nvidia (NVDA) CEO Jensen Huang is in China with Trump. But Nvidia already has its export licenses. The holdup isn't Washington. It's Beijing, CNBC reports, citing sources familiar tell me. This trip may not change much.
What it means
Nvidia's CEO Jensen Huang's trip to China alongside Trump highlights the ongoing complexities surrounding semiconductor exports. While Nvidia possesses the necessary U.S. export licenses, delays are attributed to Beijing, suggesting that the geopolitical landscape remains a significant factor for the tech sector. This may reinforce investor skepticism regarding trade relations and their impact on supply chains, particularly within semiconductors.
Sources
- Kimi K3.1 Pro AI model builds GTA VI-style (TTWO) playable game demo in just 10 hours for USD 52, developer claims on X; showcases AI’s ability to generate video game experiences - UNCONFIRMED
- OpenAI expects future AI models to be capable of identifying and exploiting vulnerabilities that are currently unknown, according to a blog post
- Texas Attorney General Ken Paxton sues OpenAI and CEO Sam Altman for lying to users and harming Texans
- The Trump administration plans to introduce voluntary “US Caught Seafood” labels to help consumers identify seafood origins, according to CBS
- Newsquawk Weekly Economic Release 26th - 30th October 2026
Related headlines
- OpenAI reveals plans for an in-house exabyte-scale storage system4 hours ago
- Republican Senator Blackburn has raised concerns about Meta’s (META) plans to update its commercial terms, warning that the changes could “exploit American creators and businesses,” according to a letter5 hours ago
- CNBC speculates that Verizon (VZ) would most likely be involved in the context of a partnership with SpaceX (SPCX)6 hours ago
- Ukraine President Zelensky says the Tesla (TSLA)/SpaceX (SPCX) Starlink and Starshield service remains slowed6 hours ago
- US EQUITY OPEN: Breadth poor at the open: Energy leads gains on oil rally, Tech sees slight bounce7 hours ago
- Meta (META) says it will extend the implementation date of updated commercial terms to November 20th (prev. October 30th); extension will allow it to explain the changes to partners and stakeholders7 hours ago
- US FDA approves subcutaneous induction regimen for AbbVie’s (ABBV) Skyrizi for adults with moderately to severely active Crohn’s disease1 hour ago
- Daily US Earnings Estimates: 26th October 2026: VZ, WELL3 hours ago
- Bristol Myers Squibb (BMY) spokesperson says the company has identified the cause of an earlier Car-T safety signal; will look to resume the paused trials in 20274 hours ago
- CrowdStrike (CRWD) CEO says in the coming months we will see a lot of breaches from the PHP vulnerability5 hours ago
- Abbott (ABT) presents new ESMO data showing 30% absolute improvement in sensitivity with the whole-genome sequencing Oncodetect test in colorectal cancer7 hours ago
- Daily US Equity Opening News: SPCX explores access to 80K US cell sites; OpenAI nears USD 30bln funding at $1.25T valuation8 hours ago
- US BROKER MOVES: HESM upgraded at Raymond James; NCLH downgraded at JPM8 hours ago
- Oracle (ORCL) to invest USD 1bln in partner ecosystem over 4 years9 hours ago
- Bristol-Myers Squibb (BMY) says Iza-Bren reduced the risk of progression or death by 59% in Phase 3 breast cancer study; median PFS 8.2 months vs 4.0 months for chemotherapy; cORR 40.5% vs 20.2%; mDOR 6.9 vs 4.2 months9 hours ago