NVIDIA CEO Jen-Hsun Huang: China's AI strength should not be underestimated, Huawei is one of the strongest technology companies in the world.

When the global AI race is in full swing, NVIDIA CEO Jensen Huang (Jensen Huang) recently delivered a blockbuster speech at the Washington Technology Conference, emphasizing that China is "not lagging behind" in the field of artificial intelligence, and praised Huawei as one of the world's most powerful technology companies. This remark not only breaks some Western stereotypes about China's AI strength, but also once again highlights that under the US-China technology confrontation, semiconductors and AI chips have become the front line of a new cold war.

The AI capabilities of China and the U.S. are close, Jen-Hsun Huang: This is a long-term race.

Jen-Hsun Huang pointed out during the meeting that although China is currently "possibly slightly behind the United States," the gap is very small. He candidly stated, "We are very close. Don't forget, this is a long-term and endless race."

The role of NVIDIA is crucial, but U.S. policies pose the biggest challenge.

NVIDIA has become a core force in the global development of AI technology in recent years, with its chips providing computing power for most high-end AI applications. However, Jen-Hsun Huang has also admitted that the U.S. export policy has become an important obstacle to the company's development. Currently, the Biden administration is considering a new regulation that would restrict the export of NVIDIA's high-end AI chips to multiple countries, including China. Prior to this, the Trump administration had already prohibited NVIDIA from exporting its H20 chips, specially designed for China, without a license; this product was originally developed to comply with earlier export restrictions. NVIDIA estimates that this ban will result in losses of up to $5.5 billion for the company.

(The Trump administration is considering increasing restrictions on the sale of NVIDIA H20 chips to China, NVIDIA: may stimulate China's chip development)

Huawei's self-developed AI chip is progressing rapidly, and Jen-Hsun Huang praised it: very impressive!

For Huawei, which has been placed on the trade blacklist by the United States, Jen-Hsun Huang gave a very high evaluation. He pointed out that Huawei has made "tremendous progress" in computing and networking technologies and described it as a "collector of the key capabilities needed to advance AI development." Currently, Huawei is actively developing its own AI chips for the Chinese market, aiming to reduce its dependence on American technology.

Jen-Hsun Huang urges the U.S. government: The focus should be on industrial competitiveness, not on restricting exports.

In the face of increasingly stringent export restrictions, Jen-Hsun Huang once again urged the U.S. government to focus on enhancing the competitiveness of domestic technology companies, rather than maintaining a lead by restricting other countries' access to technology. He stated, "This is an industry we must fight for."

Investing in American manufacturing, NVIDIA plans to spend $500 billion to build AI infrastructure.

U.S. President Trump also referred to Jen-Hsun Huang as "my friend Jensen" on the same day and strongly supported NVIDIA's recently announced investment plan. The company plans to invest up to $500 billion in AI infrastructure in the United States over the next five years.

Jen-Hsun Huang also expressed confidence in manufacturing AI devices within the United States. NVIDIA announced earlier this month that it will assemble AI servers near Houston, Texas in partnership with Foxconn. He emphasized, "As long as there is determination and national resources, I believe we can achieve local manufacturing."

Stock price pullback pressure has emerged, but the long-term outlook remains optimistic.

Despite NVIDIA's stock price soaring nearly threefold last year, it has fallen over 20% this year due to market corrections and policy shadows, with a nearly 3% drop in a single day on Wednesday. However, the industry widely believes that as AI technology continues to explode, NVIDIA's long-term value remains strong.

This article features NVIDIA CEO Jen-Hsun Huang: China's AI strength should not be underestimated, and Huawei is one of the strongest technology companies in the world. It first appeared on Chain News ABMedia.