Huang Renxun appeared at the food stall, sitting with Chen Maobo, Shen Nanpeng and others! He has been visiting Asia intensively recently, having conversations with Masayoshi Son and talking to Asia's richest man in India
六月清晨搅
发表于 2024-12-9 05:27:29
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On November 24th, a photo of NVIDIA founder and CEO Huang Renxun drinking beer at a street stall in Sham Shui Po, Hong Kong, China, circulated online.
More than ten people sat around the table, in addition to the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, Academician Ye Ruyu, President of the Hong Kong University of Science and Technology, Shen Xiangyang, Chairman of the Board of Directors, and Shen Nanpeng from Sequoia Capital also appeared in the picture.
According to a report by First Financial, Huang Renxun has been visiting Asia intensively in the past month to promote the layout of AI infrastructure. Just ten days ago, he had a brotherly conversation with SoftBank founder and chairman Masayoshi Son at Nvidia's Japan summit. The two recalled the past ten years when Masayoshi Son missed the opportunity to invest in NVIDIA, and promised to deepen cooperation and jointly build Japan's largest AI factory during the new wave of artificial intelligence outbreak.
Last month, Huang Renxun had a conversation with Asia's richest man and Chairman of Reliance Industries Group, Mukesh Ambani, at Nvidia's India AI Summit. The two sides plan to jointly build artificial intelligence infrastructure in India. Huang Renxun predicts that Nvidia's computing power in India will increase nearly 20 times compared to a year ago.
On November 23rd, Huang Renxun attended the degree awarding ceremony of the Hong Kong University of Science and Technology and was awarded an honorary doctorate degree in engineering. Huang Renxun referred to the Hong Kong University of Science and Technology as "China's MIT" and said that the Greater Bay Area is very good at mechatronics integration, which is the intersection of mechanical and electronic technology.
Huang Renxun: The whole world has been reset
According to the Securities Times, at the degree awarding ceremony of the Hong Kong University of Science and Technology, Huang Renxun gave a speech: "Artificial intelligence is undoubtedly the most important technology of our time, and the whole world has been reset
The Hong Kong University of Science and Technology stated in its speech that Huang Renxun leads the company to the forefront of cutting-edge technology and drives social change. Under his leadership, Nvidia has become a pioneer in the global field of accelerated computing, driving the rapid development of artificial intelligence and having a profound impact on various industries worldwide.
Huang Renxun said in his speech, "I am an honorary alumnus of the Hong Kong University of Science and Technology. I am delighted to celebrate this extraordinary milestone with all the graduates today. This is the beginning of an important journey in your lives." He specifically mentioned that the Hong Kong University of Science and Technology, as a leading research institution in artificial intelligence and data science, has made outstanding contributions to global artificial intelligence research. At the same time, HKUST has performed outstandingly in the fields of innovation and entrepreneurship, cultivating a rich entrepreneurial soil for the Guangdong Hong Kong Macao Greater Bay Area.
When it comes to NVIDIA's relationship with China, Huang Renxun pointed out that the company entered the Chinese market 25 years ago and established research centers in Hong Kong, Shanghai, Beijing, and Shenzhen, attracting many alumni from the Hong Kong University of Science and Technology to participate in cooperation. He said, "From the beginning, we were fortunate enough to witness the formation of China's amazing technology industry
In his speech, Huang Renxun repeatedly emphasized the revolutionary impact of artificial intelligence. He said, "Artificial intelligence has opened up a new era of computing that will impact every scientific field and every industry. From programming software and rules to machine learning, from code running on CPUs to neural network algorithms running on GPUs. The software industry is competing to adopt machine learning and generative artificial intelligence algorithms, while the hardware industry is investing trillions of dollars in modernizing traditional computing facilities
Huang Renxun believes that artificial intelligence is sparking a scientific revolution and changing the way fields such as drug discovery and physical system research are conducted. He added, "Artificial intelligence is undoubtedly the most important technology of our time. I am excited for you all, and I hope to start my career at this time. Now the whole world is being reset, and you are on the starting line. I also hope that many of you will one day join NVIDIA
In addition, Huang Renxun also called for the protection of global scientific research cooperation: "Open research is a miracle of modern science and the ultimate form of global cooperation. We must protect it." He mentioned that NVIDIA benefits from its layout in China and encouraged graduates from the Hong Kong University of Science and Technology to join NVIDIA in the future to jointly promote the development of the artificial intelligence industry.
Nvidia's net profit for the third quarter was $19.309 billion
After the US stock market closed on Wednesday, November 20th local time, Nvidia released its third quarter financial report, showing revenue of $35.082 billion, an increase of 94% from $18.12 billion in the same period last year and a 17% increase from $30.04 billion in the previous quarter; The net profit was 19.309 billion US dollars, an increase of 109% compared to the same period last year's 9.243 billion US dollars.
Although Nvidia's revenue outlook for the fourth quarter exceeded the average expectations of Wall Street analysts, it did not meet the highest expectations. Some market views suggest that the company's performance is currently growing rapidly, but the growth rate is slowing down, suggesting that the time for profit taking is approaching.
Another analysis suggests that the slowdown in Nvidia's growth rate is mainly related to supply restrictions on the new generation of Blackwell architecture chips and potential policy changes under the Trump administration. Huang Renxun stated that Blackwell chips are currently in full production and it is expected that the product will be in short supply in the coming quarters. Nvidia Chief Financial Officer Colette Kress stated that Blackwell chips are scheduled to begin shipping in the fourth quarter and will accelerate shipments next year.
According to Nvidia's forecast, the fourth quarter revenue will reach $37.5 billion, with a fluctuation of 2%, and the growth rate will further slow down to 69.5%. The average analyst expectation is $37.1 billion, but the highest forecast is $41 billion.
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