The Chip Diplomacy Gambit Falls Flat Nvidia's Jensen Huang attended the Trump Xi summit last week, a move that has raised eyebrows and sparked speculation about potential deals.
However, Huang's presence was not simply a symbolic gesture; it was a calculated bid to revive sales of Nvidia's AI chips to China.
The US China trade war has already taken a significant toll on the semiconductor industry, with American companies seeing their sales to China plummet.