Nvidia CEO Jensen Huang met privately with President Donald Trump at the White House on August 6, 2025, shortly before Trump announced sweeping new tariffs on semiconductor imports. The meeting took place amid growing tensions over semiconductor supply chains and trade policies, with the U.S. preparing to impose significant import tariffs on chips, particularly those sourced from China. Nvidia's stock saw a pre-market increase of 1.4% following news of the meeting. The discussions between Huang and Trump have not been publicly detailed, but the timing suggests a focus on the semiconductor industry and related trade measures.
News: President Trump says Jensen Huang is coming to speak with him about Blackwell architecture chip for Chinese market (what many have called - and Nvidia has not commented on - B30). The president also confirmed he negotiated to a 15% deal with Nvidia on h20 sales to China
Trump says the current $NVDA export deal with China only covers the older H20 chip, which he calls “obsolete”. He says he wouldn’t approve exports of Nvidia’s newest “Blackwell” chip unless it’s heavily downgraded. He said Jensen will visit this week to discuss the new chip. https://t.co/NhTqYysuBH
特朗普:我们不会与 Nvidia 的新芯片达成交易。中国已经以另一种形式拥有 H20,Nvidia 的 H20 已经过时,但它仍有市场。我说如果我批准芯片出口我想要 20%。我们在芯片交易上谈到 15%。我认为 Nvidia 首席执行官黄仁勋会再来见我,谈新的芯片。Nvidia 对 H20 芯片销往中国征收 15%关税。