Jensen HuangThe trip to China has attracted widespread attention. According to reports,Jensen HuangHere it isNvidiaThree offices in China and participated in the annual meeting in China. The most surprising thing is,Jensen HuangWearing the Northeast flower cotton jacket vest, he danced the dance of twisting Yangge, which brought a great surprise to the employees present. So, what exactly is the reason for JeanJensen HuangSo hard-working?
First of all,NvidiaThe performance of the business in 2023 has been outstanding, which undoubtedly makes itJensen HuangFull of good mood. The hot development of AI large models is inseparable from GPUsChipsA powerful driving force. As the world's leading GPU manufacturer,NvidiaOf course, you should show your skills. According to statistics,NvidiaIn 2023, the performance has increased by 200%, and the market value has increased by nearly $1 trillionJensen HuangI can't help but want to dance.
Secondly, the Chinese market is forNvidiais very special and important. Previously, the Chinese market was:Nvidiacontributed about 20-25% of revenue, and in the context of the booming development of AI technology, the Chinese market is rightNvidiaThe demand is far more than $7 billion. However, due to the ban in the United StatesNvidiaA100, H100, etcChipsIt cannot be sold in the Chinese market, and even the castrated versions of the H800 and A800 are restricted. In response to this dilemma,NvidiaHad to launch the H20 seriesChips, but its performance was significantly reduced, and customers began to be dissatisfied with it. ForNvidiais under tremendous pressure. And in the Chinese market,HuaweiaiChipsGradually, many Chinese companies have chosen to adopt itHuaweiAscend AIChips, and there are claims thatHuaweiaiChipsAlready in place withNvidiaComparable strength to the A100. Moreover, allegedlyHuaweiThe latest Ascend 910bChipsMore than 5,000 units have been pre-ordered, and many Chinese manufacturers plan to abandon purchasesNvidiaAIChips, turn aroundHuaweiProducts. ForNvidiaThis is undoubtedly a huge loss. If the Chinese customers are all lost, thenNvidiaIt will lose about 20% of its revenue, which is equivalent to a huge market of $10 billion. Therefore,Jensen HuangIt is necessary to come to China and celebrate the annual meeting with Chinese employees, on the one hand, to appease the emotions of employees, and on the other hand, to show goodwill to the Chinese market. Jensen Huangdid not hesitate to wear the Northeast padded jacket, but also to show goodwill to the Chinese market. However, to stabilize the situation in the Chinese market, it is not just by wearing a large cotton jacket in the Northeast that can be solved. CriticalIt's about the quality and performance of the product. IfNvidiaOnly a castrated version with low performance can be offeredChipsI'm afraid customers won't buy anymore. NvidiaChina's business is likely to become the United StatesChipsVictim of the ban.
As one of the world's largest consumer markets, China has an important strategic position for global enterprises. ForNvidiaThe Chinese market also occupies a pivotal position. Looking back at the development in recent years, the Chinese market is not only rightNvidiaThe revenue contribution is huge, and it is a market full of potential.
First of all, the Chinese market is forNvidiagpuChipsThe demand is very high. withArtificial intelligenceThe rapid development of technology requires a lot of computing power to support it. WhileNvidiaGPUChipsThis is exactly what you need. In the context of the popularity of AI large models, the Chinese market is rightNvidiagpuChipsThe demand is growing. According to statistics, Chinese enterprises are on the same every yearNvidiagpuChipsThe demand is more than $7 billion, which is a huge number. Therefore, the Chinese market is rightNvidiaIt is of great significance.
Secondly, the Chinese market is also the sameNvidiaAn important driver of technological innovation. As one of the world's largest AI markets, China has attracted the attention of many innovative companies and research institutions. NvidiaIt has also set up a technology research and development center in China to cooperate with local Chinese enterprises and research institutions to jointly promote the innovation of AI technology. The Chinese market continues to see the emergence of outstanding talents and innovative projectsNvidiaThe development of technology provides a constant source of motivation.
In addition, the Chinese market is for:Nvidiais an important competitive field. Chinese local companies such as:HuaweiHiSiliconand so on are also emerging in the field of AI, withNvidiaThere was fierce competition. EspeciallyHuaweiLaunched the Ascend seriesChips, which is considered to have the same withNvidiaComparable strength to the A100. This undoubtedly givesNvidiaIt brings great challenges and pressures. NvidiaWe have to further improve the performance and technology of our products to maintain our competitive advantage.
To sum up, the Chinese market is very importantNvidiais significant. However, to achieve long-term growth in the Chinese market, it is not enough to rely on a dance or overtureCriticalIt lies in the quality and technology of the product. Only to provide high-performance products to meet customer needsNvidiaIn order to be invincible in the Chinese market.
Jensen HuangThe implications of the visit are complex and far-reaching. Judging from his behavior of dancing Yangge in a Northeast flower cotton jacket vest, it can be seenNvidiaEmphasis on the Chinese market and respect for Chinese culture. Jensen HuangThe visit was expressedNvidiaCaring for the Chinese market and employees, but also hope to maintain long-term cooperation with the Chinese market. However, mere attitude does not solve the problemNvidiaProblems in the Chinese marketCriticalIt is still necessary to provide high-quality, high-performance products to meet the needs of Chinese customers. Only then,Nvidiain order to continue to succeed in the Chinese market and keep in line withHuaweiand other local enterprises. In the future,NvidiaWhether it can hold the Chinese market remains to be tested by time.