Nvidia CEO Jensen Huang has openly expressed his concern about the rise of Chinese technology giant Huawei. Huang said that Huawei has become a serious competitor for Nvidia not only in China but also on a global scale.
Is the Nvidia CEO afraid of Huawei?
The famous CEO stated that Huawei is constantly improving, especially in the field of artificial intelligence, and that the Ascend 910C chip has similar performance to the Nvidia H100. According to Huang, Huawei achieves this success at much lower costs.
Due to the US embargoes on China, Nvidia is forced to send trimmed AI accelerators to the country. This situation has accelerated the shift of Chinese manufacturers to their own chip designs.
China has doubled other countries in electric vehicle sales. This development has had a great impact in the automotive sector.
Huang stated that this situation has negatively affected Nvidia’s sales in China and that Huawei has gained an advantage over them, especially with its Ascend series chips. Huawei’s goal of producing 1 million chips per year is seen as a significant threat to Nvidia.
Jensen Huang described Huawei as China’s most influential technology company, and said that the company’s success in the field of artificial intelligence has encouraged other Chinese manufacturers. Nvidia’s struggle to maintain its market share in China is also made more difficult by the fact that it has to export lower-capacity products to China.
The fact that Nvidia’s CEO has so openly voiced the Huawei threat indicates that there may be significant changes in the company’s competitive strategies. So what do you think about this? You can share your views with us in the comments section below.
