China bans Nvidia RTX 5090D V2 chip during US visit

Beijing added Nvidia's RTX 5090D V2 gaming chip to its list of banned goods at customs checkpoints last Friday. The move came while company chief executive Jensen Huang was in China alongside President Donald Trump.

The ban targets a product introduced last August to meet US export controls. It was designed for Chinese gamers and 3D animators yet has also been purchased by AI developers restricted from advanced Nvidia offerings. Officials aim to bolster local firms including Huawei and Cambricon.

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Nvidia CEO Jensen Huang dining with Korean business leaders over samgyeopsal in Seoul.
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Nvidia's Jensen Huang holds samgyeopsal dinner with Korean leaders

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Nvidia CEO Jensen Huang held a samgyeopsal dinner in Seoul on June 5 with South Korean business leaders including SK Group Chairman Chey Tae-won.

A US Commerce official stated that shipments of Nvidia H200 AI chips to mainland China and Hong Kong remain very limited despite prior approvals.

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China has added 10 US firms to its export control list and barred 46 others from government procurement, according to new regulations announced on June 23.

President Lee Jae Myung met Nvidia CEO Jensen Huang in San Francisco on July 24, where the executive outlined major cooperation projects including a $500 billion partnership with SK Group.

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China's GPU leaders Cambricon and MetaX reported strong first-quarter results driven by demand for local AI chips. Cambricon's revenue jumped 160 per cent year-on-year to 2.89 billion yuan (US$423 million), with profit soaring 185 per cent to 1 billion yuan. The Beijing-based firm attributed the growth to a 'sustained surge in the AI industry’s computing power demand'.

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