News Summary

• Nvidia, which more than tripled its market value in 2023 thanks largely to its pivotal role in AI development, is up another 20% this year as investors bet on its sector leadership..
• It wasn’t clear if he’d held formal meetings with other executives or officials, said the person, who asked not to be named discussing a private visit..
• Huang embarked on his tour—first reported by state newspapers off Chinese social media posts—as Nvidia’s artificial intelligence accelerators become pivotal in a tech race between Washington and Beijing..
• Huang has warned that an escalation in sanctions designed to cut off the flow of AI training chips could drive Chinese firms to develop their own alternatives..
• An Nvidia representative confirmed Huang had celebrated the upcoming Lunar New Year with staff, without elaborating..
• The CEO has since moved on to Taiwan, according to local newspaper EDN, for his fourth visit to the island in less than a year..