00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA CEO Jensen Huang praised China's open-source AI innovation
00:06during a fireside chat at the China International Supply Chain Expo, according to SCMP.
00:13Jensen Huang called open-source extremely powerful
00:16and praised China's ecosystem for producing the world's best open-reasoning models,
00:20including DeepSeek, Kuen, and Kimi.
00:23Huang said China's collaborative engineering culture has advanced open-source development,
00:28benefiting global industries such as fintech, healthcare, and robotics.
00:32He emphasized that open-source models drive both China's AI progress
00:36and broader global innovation.
00:38Huang said Chinese firms have not yet placed H20 orders
00:42because U.S. agencies are still processing final paperwork,
00:46though the government assured NVIDIA that licenses would be granted.
00:50He added that NVIDIA is working quickly to restore H20 production,
00:53but noted it takes about nine months from wafer order to delivery.
00:56Analysts say renewed H20 availability could ease concerns
01:00for Chinese firms developing large language models
01:02and boost foreign chip makers' market share in China.
01:05For all things money, visit Benzinga.com.
Comments