【By Observer News, Xiong Chaoran】 Having visited South Korea again after more than a decade, NVIDIA's founder and CEO Huang Renxun still keeps the Chinese market in mind while participating in APEC-related activities.

According to Reuters and Bloomberg on October 31st, Huang Renxun stated during his speech in South Korea that although there are no current plans, he still hopes to sell NVIDIA chips to Chinese customers.

"We have always hoped to return to the Chinese market, and I think NVIDIA has developed very well in China. This is in the best interest of the United States as well as China," he said. "Therefore, I hope that the two governments can reach a consensus one day to allow the export of NVIDIA technology to China."

Huang Renxun told reporters that NVIDIA originally hoped to gain "a certain market share" in China, but now it is expected to be zero. He added that the so-called U.S. "national security concerns" are baseless, because China's self-produced artificial intelligence (AI) chips can fully meet its application needs.

Just in September, Huawei announced its plan to compete with NVIDIA in the AI chip field. Huang Renxun believes that underestimating Huawei's fierce competitive spirit is "foolish." "It is extremely ignorant to believe that Huawei cannot build systems," he pointed out: "Underestimating China's strength and Huawei's fierce competitive spirit is foolish, this is a company with extraordinary technology."

On October 31st, 2025, in Gyeongju, South Korea, NVIDIA CEO Huang Renxun gave a speech to reporters. IC Photo

Reuters pointed out that whether China can obtain NVIDIA chips has been a key point of friction between the two countries in the process of the U.S. and China competing for high-end computing power and AI leadership.

The U.S. has imposed export controls on NVIDIA's most advanced AI chips to China, trying to restrict and suppress China's technological development.

Bloomberg also mentioned that NVIDIA has continuously criticized trade restrictions that weaken American competitiveness and actively lobbied against broader chip export controls. "I think this (lifting the export control) would be good for both the U.S. and China, and NVIDIA can participate in the Chinese market," Huang Renxun said in South Korea.

Previously, Huang Renxun had tried to persuade the Trump administration to relax export controls and claimed that China's AI technology relies on American hardware, "which is beneficial to the U.S."

On October 28th, at the first NVIDIA Developer Conference held in Washington, Huang Renxun further conveyed his core view to the Trump administration: only if the global market, including China, adopts NVIDIA systems can the U.S. win in the AI competition; otherwise, if NVIDIA continues to be excluded from the Chinese mainland market, the loss to the U.S. will be greater than to China. He hoped the government could face the damage caused by the export restrictions on chips to China.

However, Bloomberg pointed out that if indeed, as Huang Renxun wishes, selling these products to China, it would have to completely change the established policy of the Trump administration on the tech competition between the U.S. and China.

The report said that participating in the Chinese market is beneficial for NVIDIA. This company, the world's highest-valued company, had written off billions of dollars in revenue earlier this year due to the Trump administration's restriction on sales of a reduced-performance H20 chip for China.

Although the U.S. later changed its stance and approved the shipment of the H20 chip, the controversy surrounding NVIDIA in China continued to spread.

In July this year, Chinese authorities summoned NVIDIA and required it to explain and submit relevant proof materials regarding the security risks and backdoors in the H20 computing power chips sold to China; in September, Chinese regulatory authorities issued a statement saying that NVIDIA violated the anti-monopoly law and decided to conduct further investigations in accordance with the law.

At the beginning of October, Huang Renxun spoke at an event hosted by Citadel Securities in New York. Until October 15th, Citadel Securities released a video of Huang Renxun's dialogue with Konstantine Buhler, a partner at Sequoia Capital, titled "Huang Renxun of NVIDIA Talks about AI and the Next Growth Frontier."

In this dialogue, Buhler asked Huang Renxun what the correct approach should be for the U.S. in exporting AI computing power to China.

Huang Renxun replied that U.S. policymakers want their country to win the AI race, "but it is important to remember that actions that harm China often also hurt the U.S., or even more severely," "before rushing to implement policies that are harmful to others, perhaps we should step back and reflect on which policies are beneficial to the U.S."

He pointed out that the core of the software industry is developers, and to win over developers is to create future platforms. China has "about 50% of the world's AI researchers, excellent schools, and great attention and passion for AI," not allowing these researchers to build AI on American technology is a mistake.

Huang Renxun also revealed that NVIDIA's market share in China has dropped from 95% to 0, "currently, we have 100% exited the Chinese market." "It is unimaginable for any policymaker to think that this is a good idea, that the policies implemented by the U.S. have led to the U.S. losing one of the largest markets in the world, down to 0."

He said that in all of NVIDIA's shareholder forecasts, it assumes that the Chinese business is zero, and any new progress in China is an additional bonus. "We hope to continue explaining and clarifying to the U.S. government and look forward to policy changes."

Previously, Lin Jian, spokesperson for the Chinese Foreign Ministry, stated that China has repeatedly expressed a firm position on the U.S.'s malicious blockades and suppression of China's semiconductor industry. The U.S. politicizes, over-safeguards, and instrumentalizes economic and trade and technological issues, continuously increases chip export controls on China, and coerces other countries to suppress China's semiconductor industry. Such actions hinder the development of the global semiconductor industry and ultimately retaliate against themselves, harming both sides.

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Original: https://www.toutiao.com/article/7567545083566752292/

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