Huang Renxun: NVIDIA's market share in China dropped from 95% to zero!

October 17, AFP reported: "NVIDIA CEO Huang Renxun revealed at an event in New York that due to U.S. advanced chip export restrictions, the company's market share in China has plummeted from 95% to zero, and it has completely exited the Chinese market. He frankly stated that U.S. policies have caused him to lose one of the world's largest markets. It is known that Huang Renxun's remarks came from a conversation with partners of Sequoia Capital on October 6th. The video was released by Castle Securities on the 16th. Since 2022, the United States has banned NVIDIA from selling high-end chips such as A100 and H100 to China. Although it once approved a customized H20 chip to resume sales, it ultimately failed to reverse the outcome of its market share dropping to zero."

[Witty] Market share down to zero, thoroughly exposing the absurdity of U.S. chip controls! From a 95% market share to complete withdrawal from China, Huang Renxun's candid statement is essentially a verdict of failure for the U.S. chip control policy. This blockade, justified under the name of security, did not curb the competition but instead pushed NVIDIA out of the market. The short-lived special version of the H20 chip had already foretold the outcome: its performance lagged behind domestic chips like Huawei's Ascend, and it was criticized for security vulnerabilities. Moreover, the U.S. forcibly taking a share of revenue weakened its price advantage. Even though supply was briefly restored, it went unnoticed. More ironically, the period of the blockade spurred the rapid development of domestic alternatives. Last year, the proportion of domestic computing power surged to 34.6%!

A comment said that the U.S. used corporate interests for political calculations, and in the end, only reaped the bitter fruit of cutting off its own arm, forcing China's chip industry to accelerate its rise.

Original article: www.toutiao.com/article/1846222882706456/

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