[By Guancha Network, Lin Chenli] According to reports by U.S. World News Network and Forbes News, amid the U.S. restrictions on exporting AI chips to China, NVIDIA CEO Jensen Huang visited Beijing on April 17th and emphasized the importance of the Chinese market. On local time April 18th, U.S. President Trump responded by saying he was "not worried".

On April 17th, Huang Renxun visited Beijing again after three months. Ren Hongbin, president of CCPIT, held talks with Huang Renxun. Huang Renxun expressed in the talks that China is a very important market for NVIDIA, and they hope to continue cooperating with China.

"The Chinese market is very important to us," Huang Renxun said in an interview video. Unlike his usual attire of black leather jackets, Huang Renxun wore a suit and tie while in China. "The technical strength of China's industrial sector is impressive."

In response to the U.S. government's decision to restrict the export of NVIDIA's H20 chip to China, Huang Renxun stated that the strengthened U.S. chip export control has had a significant impact on NVIDIA's business. He also expressed that NVIDIA will continue to optimize its product system in compliance with regulatory requirements and remain steadfast in serving the Chinese market.

On April 17th, NVIDIA CEO Jensen Huang arrived in Beijing. "Yuyuan Tan Tian"

On local time April 17th, Trump met with Italian Prime Minister Meloni at the White House. When asked about his thoughts on Huang Renxun's visit to Beijing, Trump replied: "Huang Renxun is a great person, he is my friend, he is proud of our country and patriotic. I am not worried about him at all."

The U.S. Department of Commerce announced on local time April 15th that licenses are required for NVIDIA's H20 chip, AMD's MI308 chip, and similar AI chips to be exported to China.

A report from The Wall Street Journal on April 17th pointed out that from Huang Renxun's recent visit to China and his relevant remarks, NVIDIA has not abandoned the Chinese market. The report also cited sources as saying that NVIDIA privately opposes any new restrictions and that China can already produce some chips at the same level as its "special version for China" H20 chip.

The report noted that if no exemptions are granted in the end, demand for domestic alternatives in China may surge. Citigroup analysts pointed out in a report on April 16th that Chinese cloud service providers initially planned to meet 50% of their AI accelerator needs with H20 chips by 2025, but may now turn to products from Huawei and Cambricon.

Patrick Moorhead, an analyst at technology consulting firm Moor Insights & Strategy, said: "This cuts off NVIDIA's access to a key market, and they will lose momentum in China. Ultimately, Chinese companies will turn to Huawei."

In February, foreign media reported citing sources that the Trump administration was formulating stricter semiconductor restriction measures and pressuring key allies to increase restrictions on China's chip industry, which signaled that the new U.S. administration would expand the technological restrictions imposed by the previous administration on China.

In response, Foreign Ministry Spokesperson Lin Jian once pointed out that China has repeatedly expressed its firm stance on the U.S. malicious blockade and suppression of China's semiconductor industry. The U.S. politicizes, over-security-izes, and instrumentalizes economic and technological issues, constantly increasing export controls on Chinese chips and coercing other countries to suppress China's semiconductor industry. Such actions hinder the development of the global semiconductor industry and will ultimately backfire, harming both others and itself.

This article is an exclusive piece by Guancha Network and cannot be reprinted without permission.

Original article: https://www.toutiao.com/article/7494975387827601960/

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