Nvidia(US:NVDA) Xin Lang Cai Jing·2025-05-20 06:42Core Viewpoint - The CEO of Nvidia, Jensen Huang, criticized the U.S. AI restrictions, stating they are detrimental to maintaining the country's leadership in AI technology [1][3] Group 1: AI Competition - Huang emphasized that the U.S. strategy to limit AI development is fundamentally flawed, as it could lead to a loss of competitive edge [1] - He highlighted that 50% of global AI researchers are from China, indicating significant progress in AI capabilities within the country [1] - Huang noted that companies need competition to drive development, and he anticipates that China will continue to advance in AI technologies [1] Group 2: Chip Regulation Challenges - Huang discussed the ongoing challenges Nvidia faces with chip regulations, particularly the ban on the H20 chip, which he described as the most stringent limitation the company can impose [3] - He mentioned that Nvidia has recorded a $5.5 billion inventory impairment loss and forfeited $15 billion in sales due to these restrictions [3] - The Chinese market, valued at approximately $50 billion annually, is crucial for Nvidia, and abandoning it means losing associated profits and ecosystem development [3] Group 3: Nvidia's Commitment to China - Nvidia confirmed plans to establish a new office in Shanghai, reflecting its ongoing commitment to the Chinese market [3] - The company reiterated its adherence to current export controls, ensuring no GPU designs or core intellectual property will be sent to China for modification [3]