The rise of Huawei's AI chips, Nvidia Huang Jenxun shows favor to the Chinese market!
Nvidia CEO Jensen Huang visited Nvidia's three offices in Beijing, Shanghai and Shenzhen during his visit to China, and attended Nvidia's annual conference in China, according to **.
At the annual meeting, Huang Jenxun distributed prizes to employees in the form of **, and what is more interesting is that he also wore a Northeast cotton jacket and sang and danced on stage, which made people laugh.
Why did Huang put so much effort into it? I think there are at least two reasons:
1. Nvidia's performance in 2023 is very good, which makes Lao Huang very happy.
Artificial intelligence will be a hot topic in 2023, and Nvidia, as the world's best GPU vendor, will definitely not miss this opportunity.
In 2023, NVIDIA's market capitalization will increase by 200%, its market value will quadruple, and its market value will rise to 1 trillion yuan.
2.China is a sensitive and unique market, and Lao Huang came to China to prove his goodwill.
Previously, Nvidia's contribution to the Chinese market was about 20% to 25%, and with the development of artificial intelligence technology, China ordered more than 7 billion yuan worth of artificial intelligence chips from Nvidia in a year.
However, due to the ban in the United States, Nvidia was unable to sell the A100 and H100 models, or even the H800 and A800 models, and could only reduce the performance of the H20 series, causing customers to lose interest in Nvidia.
However, the key is that in the Chinese market, the rise of Huawei's AI chips has made many Chinese companies choose Huawei's AI chips one after another, and some people even say that Huawei's AI chips have been able to compete with NVIDIA A100.
In addition, Huawei's latest Ascend 910B is rumored to have exceeded 5,000 units in pre-orders, and many Chinese manufacturers are considering abandoning the purchase of Nvidia's AI chips in favor of Huawei.
This is a major loss for Nvidia: if it loses Chinese customers, its turnover in this 10 billion yuan market will shrink by 20%.
That's why Huang came to China. He wanted to celebrate with his Chinese employees to reassure them and show the Chinese market that they were all wearing cotton clothes after all.
However, it is not easy to gain a foothold in China, and the most important thing is to come up with a better product, if it is only a low-end chip, I am afraid that no one will buy it, and NVIDIA's business in China and the United States is likely to suffer"Chip ban"of shocks.