Nvidia(US:NVDA) Feng Huang Wang·2025-11-06 07:04Core Viewpoint - Jensen Huang, CEO of Nvidia, stated that China will win the AI race due to lower energy costs and more relaxed regulations, marking his most direct comments on the matter to date [1]. Group 1: Competitive Landscape - Huang criticized Western countries, including the US and UK, for being hindered by a cynical attitude, which he believes is detrimental to their progress in AI [1]. - He emphasized the need for a more optimistic approach in the US regarding AI regulations, suggesting that the introduction of potentially "50 new regulations" across various states could stifle innovation [2]. Group 2: Cost Advantages - Huang highlighted that electricity costs in China are extremely low, with local governments providing substantial subsidies for data centers that utilize domestic chips, offering up to 50% off electricity costs for companies like ByteDance, Alibaba, and Tencent [3]. - He pointed out that these subsidies enable Chinese tech companies to operate Nvidia's AI chip alternatives at a significantly lower cost compared to their US counterparts [2][3]. Group 3: Regulatory Environment - Huang previously warned that the latest AI models from the US do not show a clear advantage over Chinese competitors and called for the US government to ease export controls to maintain global reliance on American chip technology [3]. - However, recent comments from former President Trump indicated a desire to restrict the use of Nvidia's advanced Blackwell chips outside the US, which could further complicate the competitive landscape [3].