(May 11): The White House is inviting Tesla Inc’s Elon Musk, Apple Inc.’s Tim Cook and Boeing Co’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official.
Goldman Sachs Group Inc’s David Solomon, Blackstone Inc’s Stephen Schwarzman, BlackRock Inc’s Larry Fink, Citigroup Inc’s Jane Fraser and Meta Platforms Inc’s Dina Powell McCormick are also on the list of those expected to join Trump’s delegation for his summit with his Chinese counterpart Xi Jinping, a White House official said.
The group of more than a dozen top executives is joining Trump for a visit that the US president hopes will unlock a series of business deals and purchase agreements with Beijing. It is comprised mostly of representatives of major financial, technology, aerospace and agricultural firms.
Larry Culp of General Electric Co, Brian Sikes of Cargill Inc, Chuck Robbins of Cisco Systems Inc, Sanjay Mehrotra of Micron Technology Inc and Cristiano Amon of Qualcomm Inc are also expected to attend. Rounding out the list is Visa Inc’s Ryan McInerney, Mastercard Inc’s Michael Miebach, Illumina Inc’s Jacob Thaysen and Coherent Corp’s Jim Anderson.
Apple, Cisco, Micron and Qualcomm did not immediately respond to requests for comment.
The delegation does not include Jensen Huang, chief executive officer of Nvidia Corp, the world’s most valuable company and maker of the advanced chips powering the global AI boom, according to a person familiar with the matter. His exclusion marks a potential setback for Nvidia in its bid to export its AI processors to China, a market that Huang has said could reach US$50 billion ($63.4 billion) in sales.
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The company had no comment.
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