NVIDIA CEO Jensen Huang: "Export control on China is wrong!"
On May 30, South Korean media The Global Economy published an article stating that NVIDIA CEO Jensen Huang criticized the export control policies for China, saying "it's wrong to believe that China lacks AI infrastructure."
In a conference call held after the release of the performance results recently, Huang mentioned, "China is one of the largest AI markets in the world, with a market size of $50 billion, but American companies cannot access this market."
He continued, "Due to U.S. government export restrictions, we cannot conduct business related to the previous generation Hopper GPUs in China. The H20 GPUs have become inventory that cannot be sold or repurposed elsewhere, resulting in billions of dollars in losses."
In early April this year, the U.S. government strengthened its regulations, requiring separate licenses for the export of H20 GPUs designed for the Chinese market. The previous Biden administration allowed exports to the Chinese market with conditions such as limiting memory bandwidth, but the Trump administration overturned this rule.
NVIDIA CFO Colette Kress also explained, "The H20 is a product that started sales a year ago and has no sales market outside of China, but the U.S. government has taken measures to strengthen export controls without providing a grace period to clear inventory."
He added, "As of April 9, losses related to H20 GPUs reached $4.5 billion due to regulatory measures."
Huang pointed out, "The U.S. government's export restrictions have actually stimulated innovation in China. The policies made by the U.S. are based on the assumption that China cannot manufacture AI chips, but there have always been doubts, and it is now clearly proven to be wrong."
Original source: https://www.toutiao.com/article/1833546430351898/
Disclaimer: This article represents the personal views of the author.