Jensen Huang: NVIDIA will continue to make every effort to optimize its product system in compliance with regulatory requirements and steadfastly serve the Chinese market
NVIDIA CEO Jensen Huang stated during a meeting with Ren Hongbin, President of the China Council for the Promotion of International Trade, that the Chinese market is crucial for NVIDIA. Despite the U.S. government's export controls on H20 chips, NVIDIA will continue to optimize its product system in compliance with regulatory requirements and remain committed to serving the Chinese market. He pointed out that AI technology is profoundly changing the development of various industries and will help the real economy improve productivity in the future
On the 17th, Ren Hongbin, President of the China Council for the Promotion of International Trade, held talks with Jensen Huang, CEO of NVIDIA, in Beijing. This is Huang's visit to Beijing after three months. Huang stated during the talks that China is a very important market for NVIDIA and hopes to continue cooperation with China.
Ren Hongbin, President of the China Council for the Promotion of International Trade: Two days ago, the U.S. government decided to impose indefinite export controls on NVIDIA's H20 chips exported to China. How do you assess the impact of this decision?
Jensen Huang, CEO of NVIDIA: The U.S. government's tightening of chip export controls has had a significant impact on NVIDIA's business. Currently, there is an intense global competition in artificial intelligence. As one of the most transformative core technologies of our time, AI has vast potential to drive development across various industries. Countries around the world are accelerating the application of technology, research and innovation, and capability enhancement, which will undoubtedly have a profound impact on the global market landscape, including China. As a company that has been deeply rooted in the Chinese market for thirty years, we have grown together with the Chinese market and achieved mutual success. China is not only one of the largest consumer markets in the world, but its thriving industrial ecosystem and leading software capabilities have also become an important driving force for our continuous innovation. The successful experience in the Chinese market drives us to increase our R&D investment, and deep cooperation with Chinese companies has made us a more competitive international enterprise. Therefore, we will continue to make every effort to optimize our product system in line with regulatory requirements and steadfastly serve the Chinese market.
CCTV Reporter Gao Yan: Based on the current AI adoption rate, how long do you think it will take for AI technology to truly help the real economy improve productivity and assist companies in enhancing profitability?
Jensen Huang, CEO of NVIDIA: AI has already had a significant impact in many areas, such as software programming. Nowadays, almost all NVIDIA employees use AI for assisted development. We apply AI to scientific research, chip design, and supply chain management. Artificial intelligence is profoundly changing the development landscape of many industries, but this is just the beginning. Whether in healthcare, financial services, climate technology, or manufacturing, every industry will experience disruptive changes brought about by artificial intelligence.
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