By TradingView
Publication Date: 2026-05-12 03:31:00
Nvidia CEO Jensen Huang was not included in President Donald Trump’s delegation to China this week, even as several prominent US business leaders joined the trip to meet Chinese President Xi Jinping.
Huang was left off the delegation list, while executives from companies including Apple, Tesla, BlackRock and Boeing joined the visit to Beijing.
The White House stated that the visit focused on agriculture and commercial aviation, rather than semiconductors.
Yet Nvidia still rose nearly 2% on Monday, which tells investors something important: the market is not treating this as a fresh blow.
Huang had said on May 8 that, “If invited, it would be a privilege — it would be a great honor to represent the United States and to go to China with President Trump.”
From 95% to zero
The reason the snub has not affected Nvidia stock more significantly is that the China issue was already largely resolved before Trump’s trip.
Huang said in 2025 that Nvidia’s China market share had fallen from 95% to 50% from the start of the Biden administration, and he later described the advanced AI chip market share in China as zero.
Nvidia’s latest annual report is even blunter: the company says it was “effectively foreclosed” from competing in China’s data center computing market, and that the closure helped rivals build larger ecosystems.
In other words, there was little left for Huang to negotiate on this trip, even if he had been invited.
Huawei fills the gap
The more serious issue for…
