Trump’s China Summit: Nvidia, Apple, and Qualcomm CEOs Invited — What Investors Should Know

TLDR

• Nvidia’s stock increased by more than 2% on Thursday following reports that CEO Jensen Huang will accompany Trump on his China visit
• Trump is set to meet with Chinese President Xi Jinping in Beijing on May 14 and 15 to talk about trade and technology issues
• Because of U.S. export controls, Nvidia currently has no share of China’s market for AI GPUs
• The chief executives of Apple, Boeing, Qualcomm, Citigroup, Blackstone, and Visa are also said to be on the invitation list
• Aiming for $1 trillion in revenue by 2027, Nvidia requires entry into crucial markets such as China

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(SeaPRwire) –   Nvidia’s stock price advanced over 2% on Thursday afternoon following news that CEO Jensen Huang is expected to be part of President Donald Trump’s delegation for a trip to China next week.

NVIDIA Corporation, NVDA

The planned summit between Trump and Chinese President Xi Jinping in Beijing on May 14 and 15 is anticipated to address trade tensions, technological competition, and rare earth minerals.

Investors interpreted the development as a chance for Nvidia to potentially re-enter China’s AI semiconductor market, from which it has been excluded for an extended period.

As reported by Semafor, the Trump administration has also extended invitations to leaders from Apple, Boeing, Exxon, Qualcomm, Blackstone, Citigroup, and Visa for the journey.

Qualcomm acknowledged receiving an invitation but provided no additional details. A source confirmed that Citigroup CEO Jane Fraser was also invited.

Requests for comment were not answered by the White House, Nvidia, Apple, or Visa. Blackstone and Boeing chose not to comment.

Nvidia’s China Market Share Has Dropped to Zero

Shortly before reports of the trip surfaced, Huang stated publicly that Nvidia’s share of China’s AI GPU market is now zero, a consequence of longstanding U.S. export controls on advanced semiconductors.

These restrictions, initiated in October 2022 under previous U.S. governments, have persisted. Their objective has been to curb China’s ability to acquire technology with potential military or surveillance applications.

In April 2025, the Trump administration imposed an open-ended ban on exporting Nvidia’s H20 chips to China, Hong Kong, and Macau. This compelled Nvidia to exclude projections for sales and profits in China from its financial outlook.

Trump subsequently granted conditional, limited approval for Nvidia to export its H200 chips to China, though some legislators have opposed even this restricted access.

Export Rules Could Tighten Further

U.S. officials are said to be developing new regulations that would mandate government authorization for AI chip exports to every country, not only China, introducing further complexity to Nvidia’s worldwide sales operations.

Nvidia has set a goal of reaching a minimum of $1 trillion in yearly revenue by 2027. Recovering any segment of the Chinese market would represent a significant move toward achieving that target.

Boeing also has interests tied to the China visit. CEO Kelly Ortberg informed Reuters in April that the firm is counting on the Trump administration to assist in finalizing a long-pending aircraft purchase from China.

According to industry sources, a prospective agreement might involve 500 Boeing 737 MAX airplanes along with many wide-body aircraft. This would mark China’s first substantial order from Boeing since 2017.

Among Wall Street analysts, Nvidia has a Strong Buy consensus rating, based on 40 Buy recommendations, one Hold, and one Sell over the last three months. The average price target of $274.38 suggests approximately 29% potential growth from the current price.