CBN丨Nvidia chief lauds China's tech savvy at 3rd CISCE

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Jensen Huang, Founder & CEO of Nvidia, delivered a speech at the opening ceremony of the third China International Supply Chain Expo (CISCE) that kicked off on Wednesday in Beijing, which gathered more than 600 exhibitors from over 70 countries and regions.

Huang praised China's tech companies and vast market potential, expressing optimism about the country's advances in AI, robotics and smart manufacturing, as well as China's growing role in global innovation.

Huang took off his signature leather jacket, appeared in traditional Chinese attire, and delivered part of his speech in Chinese. He said it was his first time delivering a speech in Chinese and praised China's open-source efforts in the AI sector.

China's open-source AI serves as a catalyst for global progress, giving every country and industry a chance to join the AI revolution, Huang said.

During his speech, the CEO mentioned 11 Chinese tech companies -- Tencent, NetEase, MiHoYo, Game Science, ByteDance, DeepSeek, Alibaba, Meituan, MiniMax, Baidu, and Xiaomi.

The comments came as the senior executive paid his third visit to China this year, highlighting the importance of the Chinese market to Nvidia, which has become the first company in the world with a market cap of USD”4 trillion.

For the future development of AI, Huang said that the next wave of AI is relying on systems that understand the physical world, reason and perform tasks. Within a decade, factories will be powered by software and AI, orchestrating teams of robots, working alongside people, building smart products that are also driven by AI.

When asked for his views on the progress made by China's tech giant Huawei, Huangsaid anyone who discounts Huawei and anyone who discounts China's manufacturing capability is deeply naive.” Huang recognized the Shenzhen-based firm as "a formidable technology company" with deep excellence in semiconductors and networking infrastructure.

Analyzing China's broader AI landscape, Huang outlined a three-tier ecosystem driving progress — foundational infrastructure including chips and systems; rapidly evolving AI models such as Alibaba's Qwen and Moonshot's Kimi; and hyper-competitive application development.

During a media briefing, Huang spoke with particular enthusiasm about China's electric vehicle (EV) sector, calling them "incredible," and said he would love to buy a Xiaomi car.He said the unavailability of Chinese EVs in the US market is “our misfortune, not yours.” The executive was seen in a photo taken earlier in Beijing with Xiaomi CEO Lei Jun and a Xiaomi SU7.

On Tuesday, Huang told a group of journalists that the company will resume the sales of its H20 AI chips to China. Following this announcement, Nvidia's shares surged over 4 percent.

Huang revisited this topic at the media briefing on Wednesday. "I hope to get more advanced chips into China than H20. And the reason is that technology is always moving on."

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