Chinese Americans who went to China to twist Yangge founded a 10 trillion company
The chip war in recent years has made every Chinese know the importance of chips. Today, chips have surpassed oil as China's most important import. If you don't buy oil from the United States, you can buy it from Saudi Arabia and Russia, but if the United States doesn't sell you the chips, we really can't do it now.
In recent years, the United States has been making a fuss about chips, using chips to card the necks of Chinese companies, of which Huawei is the most affected. If it weren't for the neck, perhaps Huawei would have surpassed Samsung three years ago and became the world's largest mobile phone manufacturer.
Although the global chip industry is not controlled by a single company in the United States, whether it is the United Kingdom or the Netherlands, these countries are allies of the United States. In the entire chip industry, the most important companies are ASML, which manufactures lithography machines in the Netherlands, ARM, which is responsible for designing chip architectures, and NVIDIA, AMD, Intel, etc., which are responsible for designing chips. Of course, there are also companies such as Samsung, TSMC, etc., which are responsible for chip production.
But you may not be able to imagine that although the entire industry is controlled by the United States, there are a very large number of Chinese in high positions. For example, the heads of the two chip giants, AMD and NVIDIA, are Chinese, and the founder of TSMC, Zhang Zhongmou, is also Chinese.
Recently, Nvidia's founder Jensen Huang went to China, and his various behaviors make us understand why the United States can give birth to many technology giants, while Chinese technology companies can only engage in the business of slashing and buying vegetables.
Nvidia's market capitalization has skyrocketed in the past few years and now exceeds 10 trillion yuan. If you bought Nvidia's stock when it went public, it's up 100 times today.
In the past few years, the global smart industry has developed rapidly, especially the popularity of the AIGC industry, so NVIDIA's smart chips are hard to find. There are now at least 200 companies around the world developing this industry.
Take the famous OPEN AI as an example, in order to train ChatGPT, they bought 25,000 Nvidia's smart chips at one time. Behind these AIGC models, all of them are supported by NVIDIA's smart chips, which has today's powerful computing power.
Nowadays, it is customers who rush to buy Nvidia's chips with money. More than 20 years ago, Nvidia was just a start-up graphics card company. But under Huang's leadership, Nvidia's profits have skyrocketed, with profits of $2.043 billion in the first quarter of 2023, $6.188 billion in the second quarter, and $9.243 billion in the third quarter.
This profit growth rate is also scary. Driven by profits and prospects, Nvidia's market value has skyrocketed. This time, Huang came to China, and he went on stage with the staff to twist Yangge in a big flower jacket. When Huang went to Taiwan before, he also followed the staff to have a late night snack at the night market, and he also went to buy twist flowers alone.
Huang doesn't like to wear suits, and his favorite thing is to wear leather clothes. It's fair to say that Huang is a very cool entrepreneur, unlike most entrepreneurs in China. Huang and Elon Musk are both very cool entrepreneurs, and their thinking has influenced their thinking about the development of their businesses.
Many people may not know that Huang worked at AMD after college and later started his own business, initially designing graphics cards for SEAM Games. Later, he began to design graphics cards under the Microsoft system. Although Huang is a science and engineering man, he is very open-minded.
At that time, there was no independent graphics card in the world, and after NVIDIA, there was a difference between GPU and CPU. It was Huang who started designing discrete graphics cards, and then other manufacturers began to follow suit. Soon after, Nvidia took 90% of the market share. It is worth mentioning that the current head of AMD, Lisa Su, is also a relative of Huang.
A lot of people are talking about why China can't produce Musk? In fact, China also has entrepreneurs like Jensen Huang. In fact, there are a lot of successful Chinese entrepreneurs in China, which shows a problem, and the key is the problem of soil, not the problem of IQ.
In terms of education, the American mindset that encourages free creativity is very lacking in China, and our students are masters of exams, but they are very lacking in creativity. In addition, our social environment is also very unfavorable for our young people to start a business, and many of our young people are busy buying houses and cars after graduation. Living under such pressure, where is there any idea to start a business.