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

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.