NVIDIA's Huang Renxun strongly supports China's chip industry, but there are deeper reasons behind it.

Huang Renxun keeps praising China, and from his eager appearance, it's clear that there must be something more behind it.

September 28th news: Huang Renxun, CEO of NVIDIA, said in a podcast program that China's chip industry is full of vitality, entrepreneurship, high technology, has a rich talent pool, and fierce internal competition, with great potential in chip R&D and manufacturing.

He even used an exaggerated metaphor, saying that China is only a few nanoseconds behind the United States.

On the surface, this seems to be a high praise for China's semiconductor strength, but given the context of the current Sino-US technological competition, Huang Renxun's eagerness to praise China is hard to be understood as a simple objective evaluation.

Huang Renxun appears to be speaking well of China, but behind it lies deeper commercial considerations.

In NVIDIA's largest customer group, the Chinese market plays an extremely important role. Whether in data centers or artificial intelligence applications, demand ranks among the top globally.

The U.S. chip export restrictions once put NVIDIA in a difficult situation, with flagship products such as A100 and H100 being banned from sale in the Chinese market.

For Huang Renxun, if he cannot retain the Chinese market, the myth of NVIDIA's performance growth will inevitably suffer damage.

Therefore, he releases goodwill toward China, using excessive praise to maintain a cooperative atmosphere; on the other hand, he uses the statement that China is chasing closely, reminding the U.S. government not to completely shut down the market, thus trying to secure policy exemptions for himself.

From the U.S. perspective, Huang Renxun's remarks also have dual implications. He publicly states that China has great potential, but in reality, he is reinforcing the narrative that the gap between the U.S. and China has become extremely small, and the U.S. must be vigilant. This statement caters to the "China threat theory" within the U.S.

This way, he can pressure the U.S. government to continue selling restricted versions of chips in China, while also creating a sense of urgency in the capital market, pushing the U.S. to increase investment and subsidies in the semiconductor industry.

In other words, although Huang Renxun's words seem to be praising China, the real beneficiaries are the U.S. policies and capital environment.

Original: www.toutiao.com/article/1844578675280903/

Statement: This article represents the personal views of the author.