Core Viewpoint - Nvidia's CEO Jensen Huang expressed skepticism about the effectiveness of U.S. export controls on China, highlighting a significant decline in Nvidia's market share in China from 95% to 50% over four years, suggesting that these measures have not effectively hindered China's AI development [2]. Group 1: Market Dynamics - Huang emphasized that China possesses the largest pool of AI research talent and strong innovation capabilities, indicating that the rapid development of AI in China is unstoppable [2]. - The CEO called for a reassessment of U.S. export control policies, arguing that limiting technology diffusion may lead to the U.S. losing its leadership in the global AI sector [2]. - Huang stated that the Chinese market is unique and irreplaceable, asserting that relying on growth from other regions to compensate for losses in China is illogical [2]. Group 2: Competitive Landscape - Huang acknowledged Huawei as one of the most powerful technology companies globally, stressing the need for Nvidia to innovate continuously to maintain a competitive edge [2]. - He noted that the country that first integrates AI with 6G technology and achieves large-scale deployment will gain a significant advantage in the next generation of communication technologies [2][3]. Group 3: Product Strategy - Nvidia is reportedly set to launch a new AI chip based on the Blackwell architecture for the Chinese market, with a price significantly lower than the previous H20 chip, expected to start production as early as June [3]. - The new AI processor is anticipated to be priced between $6,500 and $8,000, indicating a potential compromise in specifications and manufacturing processes compared to higher-end models [3]. - This will mark Nvidia's third attempt to introduce a downgraded chip version for China that complies with U.S. regulatory requirements, following the prohibition of the H20 chip based on the Hopper architecture [3].

Core Viewpoint - Nvidia is set to launch a new AI chip based on the Blackwell architecture for the Chinese market, with a significantly lower price range of $6,500 to $8,000 compared to the previous H2 0 chip, indicating a potential downgrade in specifications and manufacturing processes [1][2]. Group 1: Nvidia's Strategy in China - Nvidia emphasizes the importance of the Chinese market, with CEO Jensen Huang stating the company will continue to optimize products that comply with regulatory requirements [2]. - The company plans to expand its office space in Shanghai, indicating a commitment to deepening its presence in China while adhering to current export controls [2]. - Currently, the Chinese market accounts for approximately 14% of Nvidia's revenue, which was around $17 billion last year [2]. Group 2: Market Dynamics and Challenges - Nvidia's market share in China has dropped from 95% at the beginning of the Biden administration to around 50% currently [2]. - Huang criticized the U.S. export controls on AI chip sales to China, suggesting that the initial assumptions behind these regulations are fundamentally flawed [2]. - The upcoming quarterly earnings report from Nvidia is anticipated to provide more insights into the company's performance and strategy regarding the Chinese market [2].

Group 1 - The open-source HarmonyOS has exceeded 130 million lines of code, with over 8,600 contributors and more than 1,100 compatible software and hardware products across various industries [1] - The open-source model promotes collaboration and innovation, breaking traditional technology monopolies and enabling a collective effort in the development of autonomous operating systems [1] Group 2 - Zhiyuan Robotics has completed a new round of financing, with JD Technology and Shanghai Embodied Intelligence Fund becoming new shareholders [2] - The Shanghai Embodied Intelligence Fund, established in April 2025, focuses on investments in the embodied intelligence industry chain [2] - The development of the embodied intelligence industry requires collaboration among government policies, capital support, corporate innovation, and market cultivation [2] Group 3 - NVIDIA plans to launch a new AI chip for the Chinese market based on the Blackwell architecture, with prices significantly lower than the previous H20 chip, expected to start mass production in June [3] - The new AI processor is priced between $6,500 and $8,000, indicating a potentially lower specification and simplified manufacturing process compared to the H20 [3] - The Chinese semiconductor industry is poised for new development opportunities driven by external pressures and market demand, necessitating ongoing efforts in technological innovation and market expansion [3]

Core Viewpoint - Nvidia is set to launch a new AI chip based on the Blackwell architecture for the Chinese market, with a significantly lower price point compared to the previous H20 chip, expected to start mass production as early as June [1]. Summary by Sections Product Launch - The new AI processor will be priced between $6,500 and $8,000, which is considerably lower than the H20 chip's pricing [1]. - The lower price typically indicates that the chip specifications are relatively weaker and the manufacturing process is simplified [1]. Regulatory Compliance - This will be Nvidia's third attempt to introduce a downgraded chip version for the Chinese market that complies with U.S. regulatory requirements [1]. - The U.S. government has recently prohibited Nvidia from selling the H20 chip based on the Hopper architecture to China [1]. Development Challenges - Nvidia had considered developing a downgraded version of the H20 chip for the Chinese market, but the CEO Jensen Huang indicated that modifications to the Hopper architecture are no longer feasible under current U.S. export restrictions [1].