Chip giant Jensen Huang challenged Huawei, and the stock price skyrocketed, and one problem after an

Mondo Social Updated on 2024-02-24

Nvidia's financial report: The market value is approaching 2 trillion, and Huang Jenxun issued a "war letter" to Huawei

Nvidia, the global chip giant, showed amazing strength in its latest fourth-quarter earnings report. Revenues reached 22100 million US dollars, an increase of 22%, an increase of 265% year-on-year, can be called a beautiful scenery in the market. Especially in the data center business, the performance is even better, with a revenue of 18US$400 million, an increase of 27% month-on-month, and a huge increase of 409% year-on-year. Such a result not only makes Nvidia's market value reach 1At $94 trillion, it also makes it the world's third-largest tech giant by market capitalization, behind Microsoft and Apple.

Along with the company's success, Nvidia founder and CEO Jensen Huang has seen a significant increase in his personal wealth. Just one day after the earnings report, Huang's fortune increased by $8.5 billion, placing him No. 21 on Forbes' list of the world's richest people. This shocking financial report not only demonstrates NVIDIA's strong competitiveness in technology and the market, but also once again proves the huge potential of AI and data centers as the main growth points of future technology.

However, just as success often comes with challenges, Nvidia also faces a number of challenges. Recently, the impact of U.S. restrictions on the Chinese market has become increasingly apparent. New rules issued by U.S. regulators restrict Nvidia's export of high-performance AI chips to the Chinese market, causing its business in China to suffer. While Nvidia has begun to comply with the policy by offering lower-performance chips to China, Chinese buyers are not interested, and some large Chinese tech companies are even planning to reduce their orders.

The introduction of this series of policies has not only made Chinese buyers uneasy, but also brought a lot of uncertainty to Nvidia. The Chinese market is crucial for Nvidia, accounting for about one-fifth of its revenue in the past. However, as U.S. restrictions become stricter, Nvidia has had to find a balance between complying with U.S. regulatory requirements and meeting the needs of Chinese customers, which has challenged its business.

Huang also issued a "war letter" to Huawei, positioning it as one of its main competitors. This not only shows Huawei's strong growth momentum in the global AI chip market, but also shows that NVIDIA is ready to meet this cross-border technology competition and is confident to maintain its leading position in the global AI chip market.

This competition is not only significant for the two companies themselves, but also has important implications for global technological advancements and consumers. Competition can promote technological innovation, improve product quality, and potentially lead to lower consumption**. As a result, the competition between Nvidia and Huawei is actually one of the important forces driving the global technology market forward.

Faced with both policy and market pressures, NVIDIA needed to find a balance on a global scale to ensure the continued development of its business. At the same time, it is also a continuous test of technology and innovation capabilities, and only in the process of continuous innovation and adaptation to change can NVIDIA remain invincible in the fierce competition. Kunpeng Project

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