Nvidia(US:NVDA) 经济观察报·2025-07-15 11:06Core Viewpoint - NVIDIA's CEO Jensen Huang announced the approval of export licenses for the H20 GPU chip to China, marking a significant development for the company in the Chinese market [2][3]. Group 1: Market Impact - NVIDIA's revenue from the Chinese market reached $5.522 billion, accounting for 12.53% of the company's total revenue of $44 billion in the first quarter of fiscal year 2026, representing a 121% year-over-year growth [3]. - The company's market share in China has declined due to U.S. export restrictions, with revenue contribution from the Chinese market dropping from a peak of 25% to approximately 12.53% [4]. Group 2: Strategic Moves - Huang's visit to China is part of a broader strategy to strengthen ties with the Chinese market, which is crucial for NVIDIA's future business, especially given the projected growth of the AI chip market in China to $50 billion [5]. - Huang's recent trip to China included meetings with key clients, such as Xiaomi's founder Lei Jun, indicating a focus on maintaining and expanding partnerships in the region [9]. Group 3: Company Milestones - NVIDIA's market capitalization surpassed $4 trillion for the first time, making it the first company globally to achieve this milestone, with stock prices reaching a high of $165.49 per share shortly thereafter [8].