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Home » CNBC Daily Open: Huang Ong, Nvidia is on the road to China
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CNBC Daily Open: Huang Ong, Nvidia is on the road to China

Editor-In-ChiefBy Editor-In-ChiefMay 13, 2026No Comments3 Mins Read
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NVIDIA CEO Jensen Huang gestures at the NVIDIA GTC Global AI Conference on March 17, 2026 in San Jose, California, USA.

Carlos Barria | Reuters

Hello, my name is Leonie Kidd and I’m from London.

Welcome to today’s edition of Daily Open, and it looks like it’s also welcoming Jensen Huang’s President Trump’s visit to China.

Here’s how, after a few posts and accusations on Truth Social, a last-minute addition to the U.S. delegation headed to Beijing came together…

What you need to know today

Nvidia CEO Jensen Huang attended US President Donald Trump’s visit to China after it was initially pointed out that executives were not invited.

A person familiar with the situation told CNBC that after Mr. Trump announced that Mr. Hwang was absent from the delegation, he called an Nvidia executive and asked him to attend.

Officials said Huang flew to Alaska to board Air Force One.

President Trump is taking more than a dozen top U.S. officials to Beijing this week and is scheduled to meet with Chinese President Xi Jinping on Thursday and Friday.

And while this change in direction is making headlines today, the Iran war continues to cast a shadow over the trip.

Concerns about continuing tensions in the Middle East are expected to overshadow the issue of tariffs during this trip. Chinese exporters have scrambled to diversify away from the United States over the past year as punitive tariffs upended their business models, but now the Iran war threatens to put new pressure on them, choking vital shipping routes, triggering a historic energy shock and reducing global demand for Chinese goods across the board.

In Britain, Prime Minister Keir Starmer weathered a grueling 24 hours for Labor, with four ministers resigning over his leadership. Today, King Charles will try to fend off a potential challenge from his own health minister, Wes Streeting, after which King Charles will introduce next year’s bill at the state parliament’s sitting.

British government bond yields rose to multi-decade highs on Tuesday morning as pressure mounted on Prime Minister Keir Starmer.

It’s been a volatile week for both stock and bond markets so far. Trading across Asia was mixed today as investors digested April’s higher-than-expected inflation amid concerns about soaring oil prices and the ongoing conflict in the Middle East.

Pre-market trading shows modest gains across Europe and the US

— Leonie Kidd, Christina Partsineveros, Evelyn Chen

And finally…

The metal just set a new record, driven by demand for AI data centers. City says it’s time to ‘aim even higher’

As demand from artificial intelligence data centers pushes copper to new records, Citi believes there is still room for copper to be exploited.

“Nearly all of the growth in copper demand after 2022 will be driven by energy transition and AI,” the strategist said. “Another, more recent path to demand growth has come from strategic inventory stockpiling, and Citi experts are planning for the potential price impact of strategic inventory building scenarios.”

— Lisa Kailai Han

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



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