刚刚！中美，大消息！

Core Viewpoint - Nvidia is facing a critical situation regarding its AI chip sales to China, with potential changes in U.S. export regulations due to improving U.S.-China relations, while the CEO expresses concerns about market perceptions of the company's performance amid the AI hype [1][2][5]. Group 1: Nvidia's Market Situation - The U.S. government is considering allowing Nvidia to sell its H200 AI chips to China, which could enhance the company's market opportunities [1][2]. - Nvidia's CEO Jensen Huang has highlighted the importance of the Chinese market for the company's competitiveness in AI, noting that current U.S. export restrictions have led to a halt in sales to China, with expectations of zero sales in the upcoming quarters [3][4]. - Huang has publicly called for the U.S. government to ease restrictions on chip sales to China, expressing disappointment over missed opportunities in the Chinese market [4]. Group 2: Internal Challenges and Market Reactions - In an internal meeting, Huang acknowledged the paradox facing Nvidia: strong performance could be seen as fueling an AI bubble, while poor performance would be interpreted as evidence of a bubble burst [5][8]. - Despite Nvidia's recent earnings report exceeding market expectations, the stock price has declined nearly 6% over two trading days, indicating a disconnect between performance and market sentiment [5][8]. - Huang remarked on the unrealistic market expectations, suggesting that no matter the company's performance, it is challenging to satisfy investor demands, reflecting a broader skepticism about the sustainability of the AI investment trend [8].