Nvidia(US:NVDA) Huan Qiu Wang Zi Xun·2025-09-29 05:52Core Viewpoint - Jensen Huang, CEO of Nvidia, stated that China is rapidly advancing in chip manufacturing and is now only "a few nanoseconds" behind the US, urging the US government to ease export restrictions to allow American tech companies to compete in the Chinese market, which he believes benefits both countries [1][3]. Group 1: China's Chip Industry - Huang described China's chip industry as "vibrant, entrepreneurial, high-tech, and modern," highlighting its large talent pool, dynamic work culture, and internal competition among provinces [1][3]. - He refuted claims that China cannot produce AI chips or is two to three years behind the US, asserting that such statements are "ridiculous" and emphasizing the need for competition [1]. Group 2: US-China Relations and Market Dynamics - Huang expressed hope that China will maintain an "open market," suggesting that foreign companies investing and competing in China would be beneficial for the country [3]. - He argued that maintaining competitiveness in the Chinese market would enable US companies to "spread technology globally," thereby maximizing US economic achievements and geopolitical influence [3]. Group 3: Nvidia's Business Context - In July, during a visit to Beijing, Huang announced that the US government approved the export of the H20 chip to China, which is designed specifically for the Chinese market but is less powerful than Nvidia's mainstream GPU, the H100 [3]. - Following a ban on the H20 chip in April due to national security concerns, Nvidia faced significant financial losses, including a $4.5 billion inventory loss and a $5.5 billion impairment charge, leading to a market value drop of $160 billion [3].