Nvidia(US:NVDA) Guan Cha Zhe Wang·2025-05-20 03:46Core Viewpoint - The CEO of Nvidia, Jensen Huang, praised China's advancements in AI, stating that the U.S. cannot hinder China's progress in this field and that the U.S. government's chip restrictions have resulted in significant losses for companies like Nvidia [1][3][5]. Group 1: AI Development and Competition - Huang emphasized that 50% of global AI researchers are from China, highlighting the country's significant contributions to AI [3][4]. - He argued that competition is essential for both companies and nations, and that the U.S. should embrace competition rather than impose restrictions [3][4]. - Huang criticized the notion that limiting AI technology dissemination would prevent other countries from acquiring U.S. technology, calling it fundamentally flawed [3][4]. Group 2: Impact of U.S. Restrictions - The U.S. government's restrictions have cost Nvidia $5.5 billion in inventory write-offs and an estimated $15 billion in lost sales, along with potential tax revenue of $3 billion [5]. - Huang pointed out that the Chinese market is worth approximately $50 billion annually, emphasizing the importance of this market for U.S. companies [5]. - He expressed concern that if U.S. companies do not compete in China, they risk allowing China to build a strong technological ecosystem that could dominate globally [4][5]. Group 3: Nvidia's Strategic Adjustments - In response to U.S. export controls, Nvidia plans to launch a downgraded version of its H20 AI chip in China, which will use GDDR7 memory instead of high-bandwidth memory (HBM) [4]. - Nvidia is also developing a chip specifically designed for the Chinese market, expected to be released later this year [4].