President Donald Trump will travel to Beijing this week (May 13–15) for talks with Chinese President Xi Jinping, alongside a group of top U.S. business leaders. The White House released a list of 16 executives expected to attend the meetings, including leaders from the tech, finance, aerospace, and agriculture sectors. Boeing (BA) is also drawing attention amid reports that China could announce a major aircraft order during the visit. But while the delegation includes some of the biggest names in corporate America, one major AI leader is notably absent: Nvidia (NVDA) CEO Jensen Huang.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade NVDAMusk, Cook, and Wall Street Leaders Join the Trip
Among the most closely watched attendees are Tesla (TSLA) CEO Elon Musk and Apple (AAPL) CEO Tim Cook. Both companies have major business and manufacturing ties with China, making their presence especially important as trade tensions between the two countries remain sensitive.
The delegation also includes:
- Boeing (BA) CEO Kelly Ortberg
- BlackRock (BLK) CEO Larry Fink
- Blackstone (BX) CEO Stephen Schwarzman
- GE Aerospace (GE) CEO Larry Culp
- Meta (META) executive Dina Powell McCormick
- Micron (MU) CEO Sanjay Mehrotra
- Qualcomm (QCOM) CEO Cristiano Amon
- Visa (V) CEO Ryan McInerney
- Mastercard (MA) CEO Michael Miebach
According to reports, agriculture and aviation deals are expected to be key topics during the visit.
Boeing Could Be One of the Biggest Winners
One of the biggest market stories surrounding the trip is the possibility of a major Boeing aircraft order from China.
Reports suggest China could announce purchases of hundreds of Boeing 737 MAX jets during the visit. If confirmed, it would mark one of Boeing’s largest commercial wins in years and could provide another boost for the aerospace giant after a difficult period.
Investors are also watching whether additional engine and aviation-related agreements are announced alongside any aircraft deal.
Why Isn’t Jensen Huang Going?
One of the most interesting parts of the trip may be who is not attending.
Nvidia CEO Jensen Huang is not expected to join the delegation, despite Nvidia’s central role in the global AI race and China’s strong interest in advanced AI chips. Yahoo Finance reported that some analysts believe the White House may be keeping sensitive semiconductor discussions separate from the broader trade talks.
The absence stands out because AI and chip policies remain one of the most sensitive areas in the U.S.-China relationship.
Trade, Rare Earths, and AI Talks in Focus
Beyond corporate deals, the visit is expected to focus on maintaining stable economic ties between the world’s two largest economies.
Rare earth mineral supplies, agricultural purchases, and AI communication rules are all expected to be discussed during the meetings. U.S. officials have also tried to lower expectations for any massive new investment agreements.
Still, with top executives from Silicon Valley and Wall Street traveling alongside Trump, investors will be watching closely for signs of improving business ties between Washington and Beijing.
Which Stock Has the Most Upside?
Turning to Wall Street, Meta offers the highest upside potential, with analysts expecting gains of more than 36%. Nvidia, Boeing, Blackstone, and GE Aerospace also carry Strong Buy ratings with solid upside potential. Meanwhile, Tesla, Micron, and Qualcomm currently trade above their average analyst price targets, indicating downside potential from current levels.
