Nvidia\’s Huang vows full effort to conquer Chinese market
Nvidia’s Vision for China’s Microchip Boom
Meeting Beijing’s Market Ambitions – Nvidia CEO Jensen Huang arrived in the capital to highlight his firm’s commitment to China’s vast semiconductor ecosystem. Huang emphasized that Nvidia, now the world’s first $4 trillion‑market‑value company, is “doing our best” to serve the country’s microchip demand for smartphones, electric vehicles and AI research.
China’s Open‑Stability Message
During the China International Supply Chain Expo, Huang told reporters that Chinese officials described the nation as “open and stable.” He reiterated that China welcomes foreign investment and that Nvidia intends to continue investing locally, as requested by Chinese leaders.
AI Innovation and the Deep‑Seek Reference
At the expo’s opening ceremony, Huang praised China’s AI acceleration, citing the open‑source AI startup DeepSeek as a catalyst for global progress. He highlighted AI’s transformative impact across scientific research, healthcare, energy, transportation and logistics, and applauded China’s “super‑fast” innovation powered by researchers, developers and entrepreneurs.
Resuming Sales of the H2O AI Chips
Nvidia announced that it will resume sales of its H20 AI chips to China after Washington pledged to lift licensing restrictions that had halted exports. The company developed the less‑powerful H20 model specifically for export to China, but the plan stalled when the Trump administration tightened export licensing requirements in April.
“Licenses will be granted, and Nvidia hopes to start deliveries soon,” Nvidia said. The move lifted global tech firms and spurred a record high at the Nasdaq exchange.
Trump’s Export Curbs and China’s Economic Challenges
The tightened US export curbs come as China’s economy wavers, with domestic consumers reluctant to spend and a prolonged property sector crisis weighing on growth. President Xi Jinping has called for greater self‑reliance in the face of increasing external uncertainty.
Vice Premier He Lifeng, in a thinly veiled swipe at Trump in his opening remarks at the expo, said that some countries interfere in the market “under the pretext of reducing risk” and use tariffs to protect their interests. He added that global changes of a century are accelerating, with multiple risks intertwining and piling up, and urged China to build a shared consensus on development, firmly oppose politicisation and over‑securitisation of economic and trade issues.
Export Licensing and China’s High‑Level Opening Up
Beijing’s foreign ministry hailed the expo as a “new calling card for China’s high‑level opening up to the outside world.” Spokesman Lin Jian said that China is willing to continue working with all parties to safeguard the stability and smooth operation of global production and supply chains and promote the building of an open world economic system.
