中美芯片战，正在变成黄仁勋的机会

Core Viewpoint - The ongoing US-China chip war presents opportunities for Nvidia, particularly through its CEO Jensen Huang's strategic engagement with China and the promotion of AI technologies [1][2][3]. Group 1: Nvidia's Position in the Chip Market - Jensen Huang's frequent visits to China highlight the positive reception he receives compared to the US, indicating a potential diplomatic advantage for Nvidia in the chip market [2][6]. - Nvidia's market capitalization has surpassed $4 trillion, largely due to its dominance in GPU technology, which is crucial for AI development [2][3]. - The concept of "sovereign AI" introduced by Huang emphasizes the need for countries to develop their own AI models, which in turn increases the demand for Nvidia's GPUs [3][7]. Group 2: US-China Relations and Trade Policies - The Biden administration's AI diffusion rules categorize countries based on their access to GPU technology, with China facing strict limitations [4][5]. - Huang's lobbying efforts in Washington aim to counteract these restrictions, advocating for a more favorable trade environment for Nvidia [5][9]. - The trade tensions have led to a complex negotiation landscape, where both countries seek to balance tariffs and technology access [6][10]. Group 3: Strategic Adaptations and Future Prospects - Nvidia has tailored its products for the Chinese market, creating "shrink-wrapped" versions of its chips to maintain a competitive edge while complying with US regulations [10][11]. - The introduction of customized products like the RTX 9000Pro and the upcoming Blackwell architecture for China indicates Nvidia's strategy to sustain its market presence [11][12]. - Huang's narrative suggests that by providing modified versions of its technology, Nvidia can keep China reliant on its products, thus prolonging its profitability in the region [10][12].