Chinese AI Stocks Surge Up to 38% as Jensen Huang Joins Trump's Beijing Visit
Updated
Updated · Bloomberg · May 13
Chinese AI Stocks Surge Up to 38% as Jensen Huang Joins Trump's Beijing Visit
14 articles · Updated · Bloomberg · May 13
Zhipu jumped as much as 38% and MiniMax rose 18% after Nvidia CEO Jensen Huang was added at the last minute to President Donald Trump's Beijing trip.
The rally reflected trader bets that Huang's presence could improve China's chances of securing Nvidia H200 chip supply, lifting sentiment toward domestic AI model developers.
Huang's inclusion pushed AI and semiconductor access into focus ahead of a high-stakes Beijing summit, where technology issues are now seen as part of the broader agenda.
Will Jensen Huang's visit unlock Nvidia's advanced chips for China, or is the domestic AI boom already unstoppable?
Are US chip controls accidentally creating a more powerful, self-reliant Chinese AI competitor?
Nvidia’s $54 Billion H200 Chip Deal at Stake: Jensen Huang’s Surprise Role in Trump’s Beijing Tech Diplomacy
Overview
In May 2026, President Donald Trump made a surprise move by personally inviting Nvidia CEO Jensen Huang to join the U.S. delegation for high-stakes meetings with Chinese President Xi Jinping in Beijing. Initially excluded, Huang boarded Air Force One in Alaska after Trump’s call, highlighting the urgent importance of technology in U.S.-China relations. Huang’s last-minute inclusion is seen as a critical development for both Nvidia and the broader tech landscape, signaling the administration’s recognition of his influence. Former Commerce Secretary Carlos Gutierrez emphasized that Huang’s presence benefits both the company and the President, underscoring the significance of this diplomatic gesture.