Nvidia(US:NVDA) Xin Lang Cai Jing·2025-10-08 14:27Core Viewpoint - The rapid development of AI technology in China has raised concerns in the U.S. about losing its leading position, prompting calls for the U.S. to win the "AI race" and establish a global technology system based on American standards [1][3]. Group 1: U.S. Perspective on AI Competition - NVIDIA CEO Jensen Huang emphasized the need for the U.S. to ensure that its companies have access to advanced NVIDIA technology and chips to succeed in the AI field [1]. - Huang stated that the U.S. aims for the world to adopt its technology system, similar to how it desires the global economy to be based on the dollar [1][3]. - Huang warned that tightening export restrictions on China could harm U.S. companies in the long run, despite potentially hurting Chinese firms in the short term [3]. Group 2: NVIDIA's Market Strategy and Challenges - NVIDIA's performance forecasts do not include revenue from the Chinese market, indicating that any future gains from China would be considered additional benefits [3]. - The U.S. government has implemented strict export controls, including a ban on NVIDIA's H20 chip sales to China, which was lifted only after NVIDIA agreed to pay 15% of its sales in China to the U.S. government [3]. - Chinese companies are actively developing domestic AI chips to compete with NVIDIA, with Huawei recently announcing a roadmap for its Ascend AI chips [3]. Group 3: Broader Implications of U.S. Policies - The U.S. government's broad application of national security concerns and export controls is disrupting market order and threatening global supply chain security [4]. - China advocates for a collaborative approach to AI development, promoting openness and shared benefits rather than competition and confrontation [4].