Nvidia CEO Jensen Huang to Join Trump's Business Delegation to China

Former US President Donald Trump's upcoming visit to China from May 13-15 will include a business delegation that reportedly features Nvidia CEO Jensen Huang. The development comes amid ongoing disputes between the two countries over technology transfer. Nvidia is particularly known for producing advanced AI chips, which have played a significant role in trade tensions between the US and China. Huang's inclusion in the delegation signals that discussions on technology cooperation and trade issues are expected. The visit is anticipated to address sensitive topics such as trade imbalances and technology transfer restrictions between the two nations. The participation of representatives from major technology companies like Nvidia underscores the importance of these talks. This is not investment advice.

📊 NVDA — Piyasa Yorumu

▲ up · 65%

The news that Nvidia's CEO will be part of Trump's delegation to China is creating a positive perception that it could ease trade tensions and strengthen the company's position in the Chinese market. Technical indicators support this optimism; the stock has risen 3.8% in the last 24 hours, the RSI at 64 is not yet in overbought territory, and the MACD is trending positively above the signal line. The price is trading above the 20- and 50-day moving averages, maintaining a short-term uptrend. However, there is a risk that the rally may be limited as it remains uncertain whether the news will lead to a concrete agreement.

RSI 14

64.4

MACD

2.54

24h Δ

3.80%

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