NVIDIA CEO Huang Renjun's deal with the president to sell chips in China quickly faces backlash from Huawei

According to a report by National Public Radio (NPR) on April 9, NVIDIA CEO Huang Renjun went to Mar-a-Lago last week to lobby for the continued sale of H20 in China. After promising increased investment in the database sector and other guarantees, he managed to avoid having H20 added to the embargo list. The announcement originally scheduled for April 9 regarding the ban was instead changed to this favorable news, causing NVIDIA's stock price to soar by 18.9% that day.

However, less than 20 hours after his joy, Huawei announced that the performance of its CloudMatrix384 super-node computing chip, which is under its umbrella, has already surpassed that of NVIDIA's NvL72 computing chip sold in the United States. Given the current environment of the Sino-US tariff trade war, one can only imagine how much market share the crippled version of H20 will have. I hope NVIDIA's stock price does not fall too much today.

Original article: https://www.toutiao.com/article/1829011205855241/

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