Nvidia(US:NVDA) Guan Cha Zhe Wang·2025-11-06 00:28Core Viewpoint - Nvidia's CEO Jensen Huang believes that China will win the AI race due to relaxed regulations and lower energy costs, contrasting with the regulatory environment in the US and UK [1][3]. Group 1: AI Competition - Huang criticized the new AI regulations in the US, suggesting they could lead to numerous new regulatory measures that hinder innovation [1]. - He emphasized that Chinese tech companies can operate AI chip alternatives at lower costs compared to their US counterparts [1][3]. - Huang has previously warned that the latest AI models from the US do not have a significant advantage over those from Chinese competitors [3][4]. Group 2: Energy and AI Integration - China's National Development and Reform Commission and National Energy Administration have issued guidelines to promote AI in the energy sector, outlining key tasks for AI integration across various energy applications [3]. - The implementation of these guidelines is expected to enhance the efficiency of the energy system and support the commercialization of new energy models [3]. Group 3: Market Dynamics - Huang noted that Nvidia's market share in China has dropped from 95% to 0%, indicating a complete exit from the Chinese market due to US policies [6]. - He expressed a desire to return to the Chinese market, arguing that it aligns with the best interests of both the US and China [6]. - Huang criticized the notion that national security concerns justify the exclusion of Nvidia's technology from China, asserting that Chinese companies can meet their own AI chip needs [6].