Huang Renxun laments zero sales of chips to China

On the local time of November 20, with a strong third-quarter financial report, Huang Renxun, founder and CEO of NVIDIA, visited Fox Business Channel, but still could not be happy.

In the program, Huang Renxun said that the export restrictions imposed by the United States have caused NVIDIA's chip sales to China to stall, and it is expected that sales in the next two quarters will be zero.

"I predict that sales in the Chinese market will be zero. The next quarter will be zero, and the one after that will also be zero," Huang Renxun said: "We assume that sales will be zero. If we can overcome all the obstacles and reach an agreement with both the Chinese and U.S. governments, the Chinese market will undoubtedly be very large." According to him, the current AI chip market in China is about 50 billion US dollars, and it may grow to 200 billion US dollars by the end of 2030.

"It's really a pity that American companies cannot participate in it. This is a very important source of income," Huang Renxun emphasized: "This revenue would allow us to increase our investment and accelerate the pace of investment. So I hope we have the opportunity to return to the (Chinese) market. But currently, we can only assume that the revenue is zero."

At the same time, Huang Renxun urged the United States and China to improve their trade relations. He believes that entering the Chinese market is crucial for the competitiveness of the United States in the field of AI. The United States must regain access to the Chinese market in order to maintain its global position.

"It is clear that the United States does need to return to the Chinese market in order to compete there," Huang Renxun said: "This is beneficial to the American people and to the American technology industry. Moreover, if we can compete in China, it will also help us succeed globally."

Huang Renxun believes that easier access to American technology will also benefit China. "This is good for their ecosystem and their industry, so we will continue to work hard to make both governments understand the situation."

Original: www.toutiao.com/article/1849383292492104/

Statement: The article represents the views of the author.