Huang Renxun: U.S. "Helping" Huawei's Semiconductor Ecosystem Become More Active
May 21, South Korean media report from 'JoongAng Ilbo (Japanese Edition)': On May 20, NVIDIA CEO Huang Renxun told the media: "Due to U.S. export restrictions on chips to China, the $50 billion artificial intelligence chip market—worth $50 billion annually—has effectively been closed off to American companies." He expressed regret over this situation.
On the 20th, during an interview with CNBC, Huang Renxun revealed: "Because of U.S. export controls, we have exited the Chinese market. However, China’s semiconductor ecosystem has become even more vibrant as a result. This is essentially handing the market over to Huawei, which has already achieved record-breaking results."
Huang Renxun joined a U.S. economic delegation visiting China, fueling expectations that exports of cutting-edge "H200" chips to China might resume.
Against this backdrop, Huang Renxun expressed a negative outlook regarding the possibility of re-entering the Chinese market, stating: "I have no expectations for export licenses." He also told investors: "Do not expect any sales gains in the Chinese market."
Nonetheless, he added: "Having operated for 30 years, if conditions improve, I hope I can return."
Even amid market restrictions in China, NVIDIA continues to maintain its dominant position in the global semiconductor market.
Revenue for the first quarter (January–March) surged 85% year-on-year to $81.62 billion, marking a record high for 12 consecutive quarters. Net profit tripled to $58.3 billion. In response, NVIDIA announced an unconventional shareholder return plan, including an $8 billion share buyback and a significant increase in dividends.
Starting this quarter, NVIDIA is restructuring its business to focus on data centers and edge computing. In addition to its flagship GPUs, the company’s proprietary CPU "Vera" is expected to generate annual revenue of up to $20 billion.
Sales forecasts for the second quarter (April–June) are set at $91 billion, exceeding market expectations.
Huang Renxun compared the AI industry to a "five-layer cake," demonstrating confidence in the company’s ability to achieve compounded growth through investments in the supply chain.
Meanwhile, China has not opened sales of NVIDIA’s H200 and H20 chips. The H20 is a product specifically designed by NVIDIA for the Chinese market.
The Trump administration approved sales to Chinese enterprises such as Alibaba and Tencent, but Beijing has not responded.
Original article: toutiao.com/article/1865801677498378/
Disclaimer: The views expressed in this article are solely those of the author.