Nvidia(US:NVDA) Xin Lang Cai Jing·2025-08-29 03:24Core Viewpoint - Nvidia's CEO Jensen Huang revealed the company's intention to export a downgraded version of its new AI chips to China, indicating ongoing discussions with the U.S. government regarding chip sales in the Chinese market [1][4]. Group 1: Export Plans and Government Discussions - Nvidia has begun discussions with the U.S. government about selling Blackwell architecture chips in China, with potential performance reductions of 30% to 50% compared to standard versions [1]. - The company has received permission to export the H20 chip to China, which is a "reduced version" designed to comply with U.S. export controls, with performance only 15% to 30% of the flagship H100 chip [1]. - Huang expressed willingness to pay 15% of revenue from sales in China to the U.S. government to facilitate market access [4]. Group 2: Market Potential and Product Development - Huang estimated that the AI market in China is worth $50 billion for Nvidia, emphasizing the importance of regaining market share in this region [4]. - Nvidia is reportedly developing a new AI chip named B30A for the Chinese market, which is expected to outperform the H20 chip and is based on the latest Blackwell architecture [4]. Group 3: Current Sales and Market Challenges - According to Nvidia's Q2 financial report, the company has not yet sold any H20 products to Chinese customers, and Huang acknowledged the absence of new orders for the H20 chip [2]. - There are concerns regarding potential "backdoor" risks associated with the H20 chip, as the Chinese government has requested explanations and proof of security measures from Nvidia [5].