Jensen Huang celebrates Lunar New Year with Nvidia employees in Shanghai

Jensen Huang marked the coming Lunar New Year with Nvidia employees in Shanghai on Saturday, as the CEO of the world’s most valuable company made his first trip to China in 2026 amid uncertainties around its H200 graphics processing unit (GPU).

Huang received a rock-star welcome when he joined Nvidia’s annual Lunar New Year celebration, according to two employees who asked not to be named as they were not authorised to speak to the media. Huang gave a speech and handed out tangerines that he bought at a market earlier in the day, while staff members rushed to get his autograph, one employee said.

Huang is “celebrating Chinese New Year with our local employees in China”, an Nvidia spokesperson told the Post on Sunday, without elaborating on his agenda.

The latest move came as Beijing is expected to allow imports of the company’s H200, its second most powerful GPU, after temporarily holding the chips at the border.

The GPU, which remains an ideal option for Chinese big tech companies such as Alibaba Group Holding and ByteDance to train their artificial intelligence models, got Washington’s green light for exports earlier this month, on condition that the shipments not exceed 50 per cent of the volume sold domestically to US customers. Alibaba owns the Post.

The 62-year-old Huang began his latest trip to China earlier this week, after finishing his visit to the World Economic Forum in Davos, Switzerland. He toured the chipmaker’s Shanghai office and met with staff to review Nvidia’s milestones and future product pipelines, Tencent Holdings’ news portal reported on Friday.

South China Morning Post