Nvidia(US:NVDA) Sou Hu Cai Jing·2025-10-29 00:02Core Insights - NVIDIA's CEO Jensen Huang announced the full production of the latest Blackwell GPU in Arizona, marking it as the company's fastest AI chip [1] - The production shift from Taiwan to the U.S. aligns with former President Trump's request to bring manufacturing back to America for national security and economic revitalization [3] - NVIDIA aims to convey its critical role in the national technology infrastructure during the GTC conference, emphasizing that export restrictions could harm U.S. technological leadership [3][5] Production and Sales - NVIDIA has shipped 6 million Blackwell GPUs over the past four quarters, with projected total sales for the Blackwell series and the next-generation Rubin chips expected to reach $500 billion (approximately 3.56 trillion yuan) [4] - The first Blackwell wafers have been successfully produced in a factory in Phoenix, Arizona, in collaboration with TSMC [3] Strategic Partnerships - NVIDIA announced a deep collaboration with Nokia to develop next-generation telecom equipment, with a market size of $3 trillion, including a $1 billion investment from NVIDIA [4] - The partnership aims to enhance the development of 5G and 6G base station chips, focusing on building a wireless communication network based on U.S. technology [4] Geopolitical Challenges - NVIDIA faces significant geopolitical challenges, with U.S. export controls resulting in billions of dollars in lost revenue [5] - The company has been required to obtain special licenses for exporting its H20 chip to China, which could have generated approximately $10.5 billion in sales over the past two quarters [5] - Despite expectations of obtaining export licenses for the H20 chip, NVIDIA's presence in the Chinese market remains minimal, with a market share of zero [6]