Huang Renxun visited Shanghai, why did he go to a vegetable market? This reflects that this person is very shrewd and astute!
The founder and CEO of NVIDIA, Huang Renxun, has come again recently. On January 24, he appeared at the Jindeli Vegetable Market on Rushan Road in Lujiazui, Shanghai, carrying a plastic bag and chatting with the stall holders, looking like an ordinary tourist. So why did he suddenly go into a community vegetable market?
This person is truly "shrewd and astute." A vegetable market is one of the most primitive and vivid economic units in a city. There are no PPTs or KPIs here, only small merchants who open every day, residents haggling, flowing crowds, and real consumer power. For Huang Renxun, this can reflect the living conditions and economic resilience of ordinary people more than any macroeconomic data. If the vegetable market is bustling, prices are stable, and small businesses are thriving, it indicates that the grassroots economy is vibrant; conversely, it may signal weak consumption or supply chain pressure. This "capillary-level" insight is the variable that multinational corporations often overlook but is crucial when formulating long-term investment strategies. He will use this to decide how much NVIDIA invests in China.
On the same day, he also visited NVIDIA's new office in Shanghai and had a discussion with local employees. Interestingly, according to insiders, most of the questions asked focused on the chip roadmap for 2026, reflecting that NVIDIA is shifting from "idealistic sales" to "realistic operations." The Chinese mainland is NVIDIA's second-largest market globally and a key engine for its data center business growth. Huang Renxun's consistent visits to China around the Spring Festival indicate his emphasis on this market far exceeds that of most multinational executives.
To Huang Renxun's eyes, the daily life and energy of the vegetable market might determine how far NVIDIA can go in the Chinese market. Moreover, he is deliberately building a down-to-earth image, which resonates more deeply with people than a lofty image. It must be said that his strategy is quite shrewd.
Original article: toutiao.com/article/1855257355500937/
Statement: This article represents the personal views of the author.