黄仁勋：中国芯片只落后一代

Core Viewpoint - The article discusses the implications of U.S. export controls on semiconductor technology, particularly focusing on NVIDIA and its CEO Jensen Huang's warnings about the potential advantages China could gain in the AI race due to these restrictions [2][3][4]. Group 1: U.S.-China Trade Relations and Technology Competition - Jensen Huang stated that if the U.S. continues to isolate itself from the Chinese market, it risks allowing Huawei to dominate not only in China but globally [2][3]. - Huang emphasized that abandoning 50% of global AI research personnel is unwise if the U.S. aims to win the global technology race [2][3]. - The ongoing U.S.-China trade war over advanced chips has been a significant factor in shaping the competitive landscape, with the U.S. currently holding a dominant position but facing threats from recent policy decisions [2][4]. Group 2: Impact of Export Controls on NVIDIA - Due to U.S. export restrictions, NVIDIA has excluded the Chinese market from its revenue and profit forecasts, indicating a significant shift in its business strategy [3][4]. - NVIDIA's CEO highlighted that the company lost $2.5 billion in potential revenue due to the inability to ship its H20 AI chips to China, which were specifically developed to comply with U.S. regulations [3][4]. - Despite the challenges, NVIDIA's revenue for Q1 2025 exceeded Wall Street expectations, showing a 69% year-over-year growth, although the company faced a total loss of $4.5 billion due to inventory issues [3][4]. Group 3: Future Outlook and Strategic Moves - Huang criticized the effectiveness of the export controls, suggesting that they have not achieved their intended goals and may be harming U.S. companies more than they are affecting China [4]. - Analysts suggest that relaxing export controls may be necessary to prevent China from gaining an upper hand in AI technology, as current restrictions are inadvertently benefiting Huawei [5]. - NVIDIA is expanding its operations, including plans to establish a cloud computing platform for industrial AI applications in Europe, indicating a strategic move to solidify its position in the global AI market [5].