Recently, NVIDIA submitted a document to the U.S. Securities and Exchange Commission (SEC) for the first time, listing Huawei as the top competitor in multiple categories, including artificial intelligence chips, among others. NVIDIA also mentioned that increased restrictions on chip exports by the U.S. government would further harm its competitiveness. What is the spokesperson's comment on this?
In response, Foreign Ministry spokesperson Hua Chunying stated that the facts have proven that "building high walls" cannot impede China's pace of innovation and development, nor is it conducive to the healthy development of the entire industry, including U.S. companies.
Open cooperation is the core driving force of the semiconductor industry. China is one of the world's major semiconductor markets. Artificially fragmenting the market, disrupting the stability of the global supply chain, hindering efficiency and innovation, is not in the interest of any party.
The U.S. should abide by the principles of market economy and fair competition, and support companies from all countries in promoting technological development and progress through benign competition.
In fact, as early as December 6th last year, NVIDIA CEO Jensen Huang stated that in the competition to produce the best artificial intelligence chips, Huawei is one of NVIDIA's "very strong" competitors.
Huang also said that Huawei, Intel, and an increasing number of semiconductor startups pose a serious challenge to NVIDIA's dominance in the artificial intelligence accelerator market. Huawei has grown into the de facto champion of chip technology in China.
He also added that the Chinese market traditionally accounts for about 20% of NVIDIA's sales, and the company will continue to "fully" comply with trade laws.
Moreover, NVIDIA will introduce a set of new products compliant with the latest U.S. regulations for the Chinese market.
