Core Viewpoint - Nvidia plans to launch a simplified AI chip designed specifically for the Chinese market in September, adapting to U.S. export controls while still relying on its software ecosystem [1][2] Group 1: Nvidia's Market Strategy - The new chip, Blackwell RTX Pro 6000, lacks high bandwidth memory and NVLink, making it a limited-functionality product for Chinese consumers [1] - Nvidia's CEO Jensen Huang aims to gain support from Chinese business leaders during his visit to Beijing, emphasizing the company's commitment to the Chinese market [1] - Despite U.S. pressures, Nvidia's market capitalization recently surpassed $4 trillion, buoyed by the growth of artificial intelligence and improving U.S.-China relations [1] Group 2: Challenges and Competition - Nvidia's market share in China has decreased from 95% to 50% due to U.S. export controls, but the Chinese AI market is projected to reach $50 billion soon [2] - The company has delayed the chip's shipping until September, awaiting full approval from Washington to avoid repeating the $5.5 billion asset write-down from the H20 chip incident [2] - Chinese tech giants like Alibaba, ByteDance, and Tencent are exploring in-house chip development while still collaborating with Nvidia [2] Group 3: Financial Performance - In fiscal year 2025, Nvidia generated $17.1 billion in revenue from China, accounting for 13% of total sales [3] - Nvidia's spokesperson highlighted the importance of the Chinese developer community in creating widely used open-source models and applications [3]