Xin Lang Cai Jing·2025-10-19 13:55Core Insights - Nvidia, the dominant player in the global AI chip market, has seen its market share in China plummet from 95% to 0% due to tightening U.S. export controls [1] - The exit of Nvidia from the Chinese AI chip market has created significant opportunities for local companies, with Cambricon reporting a staggering 1332.52% year-over-year revenue increase in Q3 2025 [1] - The competitive landscape is shifting, with Huawei's Ascend series chips and AMD's MI300 series actively seeking to fill the void left by Nvidia's absence in the Chinese market [1] Market Dynamics - Nvidia's market share in China has effectively "returned to zero," highlighting the impact of U.S. export restrictions on its operations [1] - Cambricon's Q3 2025 revenue reached 1.727 billion yuan, a dramatic increase compared to a loss of 194 million yuan in the same period last year [1] - The exit of Nvidia has transitioned the market from a single-player dominance to a more competitive environment with multiple players vying for market share [1]