黄仁勋拍特朗普马屁：中国用美国的，赢了

Core Viewpoint - The CEO of Nvidia, Jensen Huang, argues that the assumption that China cannot manufacture AI chips is fundamentally flawed, emphasizing the importance of collaboration with global developers, including those in China [1][3]. Group 1: Nvidia's Position on AI Chip Manufacturing - Huang states that the belief that China cannot produce AI chips is incorrect, highlighting that China already possesses AI capabilities [3]. - He emphasizes that the leadership in the Chinese AI market is crucial for global leadership in AI technology [3]. - The market for AI chips in China, valued at $50 billion, is effectively closed to Nvidia and other U.S. chip companies due to export controls [3]. Group 2: Impact of U.S. Export Controls - Nvidia's CFO, Colette Kress, reported that $2.5 billion worth of H20 chips could not be shipped due to new export restrictions [4]. - The company is exploring limited options to supply products that comply with U.S. government regulations [4]. - Huang indicated that the latest restrictions have significantly impacted Nvidia's ability to operate in the Chinese market, with an expected loss of $8 billion in sales in the next quarter [5]. Group 3: Competition and Market Dynamics - Huang noted that Chinese competitors are rapidly advancing and filling the void left by U.S. companies exiting the market [1][3]. - He praised Chinese AI models like DeepSeek and Qwen, calling them among the best free open-source models available [1][4]. - The emergence of high-performance AI models from China raises questions about the value of significant investments in AI infrastructure that previously drove sales growth [4]. Group 4: Future Strategies and Considerations - Nvidia plans to introduce a downgraded version of the H20 chip to comply with U.S. export restrictions, which will use GDDR7 memory instead of high-bandwidth memory [5]. - Huang expressed the importance of the Chinese market, stating that it is home to a large number of AI researchers and developers [7]. - He has consistently opposed export restrictions, arguing that they harm U.S. companies more than they affect China [8].