Jensen Huang lauds China's AI models as Nvidia gears up to resume chip exports

Core Insights - Nvidia CEO Jensen Huang commended China's generative AI models, highlighting their global impact and innovation [1][2] - Nvidia anticipates resuming shipments of its H20 AI chip to China following U.S. government assurances, after a halt in sales due to new regulations [4] Group 1: AI Models and Development - Huang mentioned that models like DeepSeek, Alibaba, Tencent, MiniMax, and Baidu Ernie bot are world-class and have contributed significantly to global AI advancements [2] - Over 1.5 million developers in China utilize Nvidia's technology to foster innovation [2] - The DeepSeek model developed in China surprised global investors by offering lower development and operating costs compared to OpenAI, despite U.S. chip restrictions [3] Group 2: Nvidia's Market Position - Nvidia's expectation to resume H20 chip shipments indicates a potential recovery in its sales to the Chinese market, which was previously impacted by U.S. regulations [4]