President Xi warns President Trump that Taiwan tensions could cause 'conflicts' with U.S.

Summary

Eamon Javers reports from Beijing on the Trump-Xi meeting, including Xi's warnings on Taiwan and the Thucydides Trap. He also discusses a Reuters story about NVIDIA chip sales to Chinese firms, noting approvals were made months ago but no deliveries have occurred, and that Jen-Hsun Huang is at the state dinner to push for purchases. A major Chinese purchase announcement would be a big catalyst for NVIDIA.

• President Trump and Xi Jinping meet in Beijing for a state banquet.
• Xi warns that mishandling Taiwan could lead to dangerous confrontation.
• Xi raises the concept of the Thucydides Trap for US-China relations.
• Reuters reports US approved sales of NVIDIA chips to ten Chinese firms.
• Approvals were made in December/January but no deliveries have occurred.
• Chinese firms favor Huawei and fear US intelligence manipulation of chips.
• NVIDIA CEO Jen-Hsun Huang attends the dinner to try to break the logjam.
• If Chinese announce major purchases, it would be significant for NVIDIA.