Jensen Huang: After 30 years of financial freedom, I have no dreams.

The last foreigner who caused a huge stir by wearing Tang-style clothing in China was Don King, the former manager of boxing legend Mike Tyson. More than two decades later, the second one is Jensen Huang, the founder of NVIDIA. Given Huang's current status in the tech circle, it might even surpass Tyson's influence in the boxing world at his peak.

On July 16th, Beijing time, at the "Chain Expo" held in Beijing, Jensen Huang, who was visiting China for the third time within a year, replaced his leather jacket with a Tang suit for his speech. This was different from his image in a suit when meeting with senior officials three months ago.

"Don't I look handsome in this Tang suit? It was a gift from someone."

During a media interview on the afternoon of the 16th, Huang changed back into his leather jacket and joked with the media in Chinese, looking in a great mood – and it was reasonable. Just one day before the Chain Expo, NVIDIA's previously banned H20 chip regained export approval and is expected to resume supplying Chinese tech companies. Additionally, an RTX Pro chip specifically designed for digital twins and robots will also be launched in China.

From his photo and conversation with Lei Jun, to Huawei's chips, and the recent fierce talent war for AI in Silicon Valley, Huang has shared his views.

Just a few days ago, NVIDIA became the world's first company with a market value exceeding $4 trillion. However, the man behind this highest-valued company claims to "have no dreams."

Chatting with Lei Jun about AI and wanting to buy a SU7 Ultra

Two days before the Chain Expo, a photo of Huang and Lei Jun circulated widely on social media. On that day, Huang heaped praise on Lei Jun and Xiaomi. He said that when he met Lei Jun decades ago, he predicted that Lei would build a highly successful company, just like Xiaomi today.

Meeting again after many years, Huang said he talked with Lei Jun about AI and, of course, Xiaomi's cars. Regarding Lei Jun and Xiaomi's current hottest product – the Xiaomi car, Huang also said that China's new energy vehicles are very well-made, and he really wants to buy a Xiaomi SU7 Ultra. However, since this popular electric vehicle is not sold in North America, he can only express "great regret."

Of course, Huang also praised the products of companies like Geely, XPeng, and Li Auto one by one, believing that they are also very excellent. Without a doubt, these companies are direct customers of NVIDIA's intelligent driving chips, Orin and Thor. NVIDIA covers every aspect of autonomous driving, from chips, design, simulation to training, generating $5 billion in annual revenue for the company. And with the roll - out of the Thor chip, the market is still expanding. In the high - end intelligent driving chip field, NVIDIA still has no real and powerful challengers.

"We've always been grateful and on the lookout for smart customers who are trying to innovate because it also keeps our technology innovative," Huang said.

The H20 isn't the best, but it's still excellent

Just one day before the press conference, NVIDIA announced that the US had approved the export license for the H20 chip. This AI chip, which had been banned for several months, will soon resume supplying Chinese customers.

This is good news for both Chinese AI companies, internet giants, and NVIDIA itself. The former need AI chips to train models and conduct inferences, while for the latter, the Chinese market, which accounts for 15% of its global revenue, is obviously very important. Otherwise, Huang wouldn't have visited China three times in half a year.

Of course, compared with NVIDIA's latest chips like the GB300 launched at the GTC in March, the H20 is clearly not NVIDIA's best AI chip. However, Huang believes that the H20 is still "very excellent."

Huang was surrounded by reporters, Again! | Image source: GeekPark

"The H20 isn't our best product, but you know, I have many 'children,' and I don't rank them."

Huang said that many products are designed for different use cases. He believes that the H20's advantage lies in its excellent system memory bandwidth and high efficiency. It is very suitable for models like DeepSeek, Qianwen, and Kimi that are currently being developed.

Meanwhile, NVIDIA will also sell the RTX Pro chip in China. This chip is based on the Blackwell architecture, and its greatest advantage is its computer graphics and ray - tracing capabilities. Ray - tracing is very important for sensor simulation, such as lidar and radar, as well as computer graphics. With this technology, people can simulate sensors inside a digital factory, sensors in self - driving cars, or sensors in robots.

In other words, the RTX Pro's main use case is digital twins, which is also an important hardware foundation for NVIDIA's currently emphasized Omniverse. Customers not only use Omniverse to build digital factories but also for design, simulation, and training. It is also one of NVIDIA's most important businesses and growth areas.

Meta's "money - burning talent grab" proves Zuckerberg's vision

NVIDIA isn't the only one going crazy for AI. In the entire Silicon Valley, "talent grabbing" has become the hottest topic. For example, Meta spent $14.5 billion to acquire half of Scale AI, recruited its founder Alexandr Wang, and established a new AI lab, poaching talent from across Silicon Valley.

Huang believes that AI will obviously become a multi - trillion - dollar industry, and Meta saw this opportunity. So its founder, Mark Zuckerberg, wants Meta to become an "AI First" company. After all, Meta has already built a huge AI data center.

"I think his decision to go all - in on AI is a very good one."

Meta may be moving forward rapidly, but the companies losing their talent may not be happy. For example, Apple, whose basic model talent was just poached by Meta, has been criticized for the repeated delays of its AI product, Apple Intelligence, and is considered to be lagging behind in this AI wave.

However, Huang, who uses a Google Pixel phone, believes that Apple has enough talent and resources. Their apparent lag is just "operating on their own schedule." The reason he chose the Google Pixel phone is that NVIDIA also develops the Android system, and it is based on the native Android.

"There's no extra stuff. It's simple and clean, and I like it."

Financially free for a long time and having no dreams

Last week, NVIDIA became the world's first company with a market value exceeding $4 trillion. For any founder and CEO, this is an honor.

However, Huang doesn't seem particularly excited about it.

"I'm probably the only person in the world who enjoys being the CEO of both the lowest - valued and the highest - valued company," Huang explained. NVIDIA once hit rock bottom, with its market value close to zero, and he "kept a low profile for a long time." Now that it has the highest market value in the world, what's more important is what the company has done – creating a new form of computing (accelerated computing) and leading the recent AI wave.

That being said, with NVIDIA's market value exceeding $4 trillion, Huang's net worth has increased to $143.6 billion, ranking seventh on the global rich list.

Similarly, for Huang, this isn't something to boast about. At least, he doesn't have special dreams just because of his huge wealth.

"I've been wealthy for a long time. By wealthy, I just mean having enough money. If you have enough money and don't have to worry about your children and family, you can send them to school and create a good life for your family. Then you can focus on other things, like building NVIDIA, taking more risks, and maybe contributing to and helping others."

However, until the end of the interview, Huang didn't reveal who gave him the Tang suit.

This article is from the WeChat official account "GeekPark" (ID: geekpark), author: Jing Yu. Republished by 36Kr with authorization.