Few CEOs can navigate difficult times with such ease.

Written by: Jingyu, Geek Park

The last foreigner to cause a huge stir in China by wearing a Tang suit was former boxing champion Mike Tyson's manager, Don King. More than twenty years later, the second is Jensen Huang, the founder of NVIDIA. Given Huang's current status in the tech world, it may even surpass that of Tyson in the boxing realm during his prime.

On July 16, Beijing time, at the "Chain Expo" held in Beijing, Huang, who visited China for the third time in a year, changed out of his leather jacket and donned a Tang suit for his speech, presenting a different image from three months ago when he met with executives in a suit.

"I look pretty handsome in a Tang suit, right? It was a gift from someone."

During a media interview on the afternoon of the 16th, Huang switched back to his leather jacket and joked with the media in Chinese, appearing to be in quite a good mood—understandably so, as just a day before the Chain Expo, NVIDIA regained export qualifications for its previously banned H20 chip, allowing it to continue supplying Chinese tech companies. Additionally, a new chip specifically for digital twins and robotics, the RTX Pro, will also be launched in China.

From discussing photos with Lei Jun to Huawei's chips, and the recent AI talent war in Silicon Valley, Huang shared his insights.

Just days ago, NVIDIA became the first company in the world to surpass a market value of $4 trillion, yet the creator of this highest-valued company stated that he "has no dreams."

Chatting with Lei Jun about AI, very eager to buy an SU7 Ultra

Two days before the Chain Expo, a photo of Huang and Lei Jun circulated widely on social media. That day, Huang praised Lei Jun and Xiaomi, stating that he foresaw Lei Jun would create a very successful company decades ago, just like Xiaomi today.

Reuniting years later, Huang mentioned that he discussed AI with Lei Jun, as well as Xiaomi's electric vehicle. Regarding Lei Jun and Xiaomi's hottest product—the Xiaomi car—Huang expressed that China's new energy vehicles are doing exceptionally well, and he is very eager to buy a Xiaomi SU7 Ultra. However, since this popular electric vehicle is not sold in North America, he could only say he is "very regretful."

Of course, Huang also praised the products of companies like Geely, Xpeng, and Li Auto, believing they are equally outstanding. Unsurprisingly, these companies are direct customers of NVIDIA's Orin and Thor autonomous driving chips. NVIDIA covers all aspects of autonomous driving, from chips and design to simulation and training, generating $5 billion in revenue annually for the company. With the rollout of the Thor chip, the market size is evidently still expanding, and NVIDIA has yet to face a truly formidable challenger in the high-end autonomous driving chip sector.

"We are always grateful and looking for those smart customers who try to innovate, as it keeps our technology innovative," Huang said.

H20 is not the best, but it is still excellent

Just a day before the press conference, NVIDIA announced that the U.S. had approved the export license for the H20 chip, which had been banned for months. This AI chip will soon supply Chinese customers again.

This is good news for Chinese AI companies and internet giants, as they need AI chips to train models and perform inference. For NVIDIA, the Chinese market, which accounts for 15% of global revenue, is evidently very important; otherwise, Huang wouldn't have visited three times in six months.

Of course, compared to the latest chips like the GB300 released by NVIDIA at the GTC in March, the H20 is clearly not NVIDIA's best AI chip, but Huang believes the H20 is still "very excellent."

Huang surrounded by reporters, Again! | Image source: Geek Park

"H20 is not our best product, but you know, I have many 'children,' and I won't rank them."

Huang stated that many products are designed for different use cases. He believes the advantage of the H20 is its excellent system memory bandwidth, making it very efficient. It is particularly suitable for models being created like DeepSeek, Qianwen, and Kimi.

At the same time, NVIDIA will also sell the RTX Pro chip in China, which is based on the Blackwell architecture. The biggest advantage of this chip is its capabilities in computer graphics and ray tracing. Ray tracing is crucial for sensor simulation, such as lidar and radar, as well as computer graphics. With this technology, people can simulate sensors inside digital factories, in autonomous vehicles, or in robots.

In other words, the primary use case for the RTX Pro is digital twins, which is also an important hardware foundation for NVIDIA's current focus on Omniverse. Customers not only use Omniverse to create digital factories but also for design, simulation, and training, which are among NVIDIA's most important businesses and growth curves.

Meta "burning money to poach talent" proves Zuckerberg has vision

NVIDIA is not the only company going crazy for AI; in Silicon Valley, "poaching talent" has become the hottest term. For instance, Meta has spent $14.5 billion to acquire half of Scale AI and brought its founder, Alexandr Wang, on board to establish a new AI lab, draining talent from across Silicon Valley.

Huang believes that AI will clearly become a multi-trillion-dollar industry, and Meta has seen this opportunity, which is why its founder, Mark Zuckerberg, wants to make Meta an "AI First" company, especially since Meta has already built massive AI data centers.

"I think he has decided to go all in on AI. This is a very good decision."

While Meta may be moving rapidly, the companies losing talent may not be so happy. For example, Apple, which recently lost foundational model talent to Meta, has faced criticism for the continuous delays of its AI product, Apple Intelligence, and is seen as lagging in this wave of AI.

However, Huang, who holds a Google Pixel phone, believes Apple has enough talent and resources, and their perceived lag is simply them "acting on their own timeline." He chose the Google Pixel phone because NVIDIA also develops the Android system, and it is based on native Android.

"No extra stuff, simple and clean, I really like it."

Financially free for a long time, no dreams

Just last week, NVIDIA became the first company in the world to surpass a market value of $4 trillion, a remarkable achievement for any founder and CEO.

However, Huang does not seem particularly excited about it.

"I might be the only person in the world who enjoys being the CEO of both the lowest and highest market cap companies," Huang explained. NVIDIA once faced a low point with a market value close to zero, and he had "stayed low-key for a long time." Now, with the highest market value globally, what matters more is what the company is doing—creating a new form of computing (accelerated computing) and leading the recent AI wave.

That said, with NVIDIA's market value surpassing $4 trillion, Huang's net worth has also increased to $143.6 billion, ranking him seventh on the global billionaire list.

For Huang, this is not something to boast about; at least, he does not have any special dreams because of his immense wealth.

"I have been wealthy for a long time. What I mean by wealthy is simply having enough money. If you have enough money to not worry about your children and family, to send them to school, to create a good life for your family, then you can focus on doing other things, like building NVIDIA, taking more risks, and perhaps contributing to others, helping others."

However, until the end of the interview, Huang did not reveal who the gift of the Tang suit came from.

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