Nvidia stock rose on Friday after CEO Jensen Huang met with Chinese Commerce Minister Wang Wentao Thursday, in a sign it might deepen ties with China.Shares were up 0.3% to $173.46, bringing weekly gains to 5.

In a meeting with Jensen Huang, Minister Wang Wentao says China’s doors are wide open for Nvidia and other multinational firms.

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As America and China swap shots in the trade battle served up by Donald Trump, Mr Huang has pinged and ponged between Washington and Beijing to reassure both sides it is in their mutual interest to let his company keep selling some of its artificial-intelligence ( AI) chips to Chinese buyers.

Nvidia CEO Jensen Huang praised Chinese AI models as "world class" at a Beijing expo, highlighting their open-source approach and global impact. This

Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi

MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.