President and CEO of Nvidia Corporation, Jensen Huang, delivers a speech during the Computex exhibition in Taipei, Taiwan, May 19, 2025. Credit: Chiang Ying-ying via AP Photos
When President Donald Trump met with Chinese leader Xi Jinping last month, the world’s most valuable company was watching closely.
For months, Trump had been hinting that he might allow Nvidia to sell a downgraded version of its newest generation of chips, known as the Blackwell, to China. But after the meeting in South Korea, senior officials said the Blackwell wasn’t even discussed.
“As for the most advanced Blackwell chip, that’s not something we’re interested in selling
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won’t find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Nvidia, Tesla, and the Other 8 Top Stocks in the S&P 500 Are Strikingly Expensive. Be Nervous. Barron’s Article Source https://www.barrons.com/articles/stocks-valuations-high-sp-500-d30c6e48…