Trump-Xi Beijing Summit Puts Chip Controls in Focus

U.S.-China competition has expanded beyond tariffs into advanced chips, semiconductor equipment and controls on technology exports, accelerating a broader reshaping of global supply chains. The Beijing summit between President Donald Trump and President Xi Jinping carries major implications for technology sales to China, Taiwan-related risk and the manufacturing strategies of critical suppliers including TSMC, making the talks closely watched by markets and corporate executives.

Beijing announced Trump’s China visit for May 13-15, with a U.S. military aircraft arriving beforehand to support logistical preparations. The leaders held talks lasting two hours and 15 minutes, during which Xi described Taiwan as the “most important issue.” Elon Musk and Apple Chief Executive Tim Cook were among the business figures accompanying Trump, while NVIDIA CEO Jensen Huang was not listed. Technology export restrictions and semiconductor supply-chain changes were central areas of attention.