
Trump and Xi meet, but Nvidia's China question stays open
The move
Trump hosted Xi Jinping at the White House on Sept. 24. AI safety cooperation came up in the talks, but chip export controls remained a sticking point and neither side signaled it would slow the AI race.
Why it matters
Nvidia's own guidance already assumes zero data-center chip sales to China, so any real opening would be pure upside. The summit didn't deliver one.
The bear case
Even where Washington has approved chip export licenses for Chinese firms, Beijing has reportedly discouraged its own companies from taking delivery, so a policy win in Washington may not translate into actual sales.
What to watch
Any follow-up announcement on chip licensing after this week's talks.