Nvidia's Jensen Huang Praises China's AI Innovations Amidts Easing US Export Controls
Nvidia's CEO lauds China's AI advancements as U.S. eases export controls, aiming for renewed trade prospects.
Key Points
- • Nvidia to resume H20 AI chip sales to China after US eases export restrictions.
- • Jensen Huang praises Chinese AI startups as world-class during Beijing expo.
- • China significantly invests in AI as part of its goal to become a tech superpower.
- • Open-source technology adoption by Chinese companies fosters innovation despite US controls.
During the China International Supply Chain Expo in Beijing, Nvidia CEO Jensen Huang commended the impressive advancements in artificial intelligence (AI) made by Chinese companies, praising models developed by leading firms like DeepSeek, Alibaba, Tencent, MiniMax, and Baidu's Ernie as world-class. His remarks come at a pivotal moment as Nvidia is set to resume sales of its H20 AI chips to China following assurances from the U.S. government, which has begun to ease its stringent export controls on AI technologies.
Huang noted that over 1.5 million developers in China utilize Nvidia technology, demonstrating the significant impact of U.S. export regulations on the company's operations, which led to an estimated loss of $2.5 billion in sales in the previous quarter—this figure may rise to as much as $8 billion in the upcoming quarter if restrictions continue. While Nvidia has faced substantial challenges due to these U.S. policies, including a plan for exporting chips that comply with U.S. regulations, such as the newly developed RTX Pro GPU, Huang reaffirmed optimism for the Chinese market.
He highlighted the innovative strides Chinese firms have made despite limited access to training chips, attributing part of this success to their embrace of open-source technology, which he believes fosters collaboration and advances AI development. Huang remarked that AI serves as a "catalyst for global progress," and is revolutionizing entire supply chains across various industries, including healthcare and logistics. His praise for China's AI initiatives is underscored by recent discussions that suggest the U.S. may continue to soften its tech export restrictions, notwithstanding longstanding concerns regarding national security and military enhancement in China.
China's ongoing investments in AI, as noted in various articles, reflect its ambition to emerge as a global leader in this critical technology sector. With billions being funneled into AI development, local governments and companies are striving to innovate independently in the face of restrictions from the U.S., positioning China closer to realizing its goal of becoming an AI superpower.