Huang Renxun: "If China's market is lost, America's AI hegemony will also cease to exist!"

On June 19, South Korean media Newsis published an article stating that NVIDIA CEO Huang Renxun emphasized that for the United States to become a global leader in the AI (artificial intelligence) field, trade with China is crucial.

In a recent interview, Huang Renxun said, "China has too many developers, and we hope developers worldwide will prioritize American technology. This may be the most important strategic reason for us to enter China."

Huang Renxun stated that historically, the most successful platforms are those with the most developers, and 50% of AI developers globally are in China. He added that American technology will be the best in driving AI worldwide.

Despite former U.S. President Trump's restrictions on AI chip exports to China, NVIDIA still announced earnings exceeding market expectations.

Huang Renxun said that due to chip export restrictions, "the value of the Chinese market, $50 billion, is actually closed off to American industries."

Meanwhile, NVIDIA said these regulations will inevitably result in billions of dollars in sales losses, and the U.S. government will suffer tax losses. But more importantly, if squeezed out of the Chinese market, this will have a significant long-term impact on America's global competitiveness.

Huang Renxun said he will continue to engage in dialogue with the Trump administration.

He said, "We understand technology best; we know how computing works, and we know how AI operates. We have been operating in China for 30 years and possess extensive expertise in this field, so we will continue to share our experience."

Meanwhile, NVIDIA's sales from February to April this year increased by 69% year-over-year, reaching $44.06 billion. Net profit was $18.8 billion, up 26% from the previous year.

In particular, the data center business, which includes AI chips and related components, showed rapid growth. Revenue from the data center segment increased by more than 73% year-over-year, reaching $39.1 billion, accounting for 88% of total revenue.

The Trump administration previously implemented regulatory measures requiring government approval for semiconductor AI chip exports to China. It also stated that using China's Huawei Ascend AI chips anywhere in the world would be considered a violation of U.S. export regulations.

Original source: https://www.toutiao.com/article/1835360923195404/

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