Nvidia is firmly committed to serving the Chinese market, Chief Executive Officer Jensen Huang said during a meeting with Ren Hongbin, president of the China Council for the Promotion of International Trade (CCPIT), in Beijing on Thursday.

In response to the U.S. government's decision to restrict Nvidia's exports of H20 chips to China, Huang said it has had a significant impact on Nvidia's business.

He pointed out that as an enterprise deeply cultivating the Chinese market for thirty years, Nvidia and the Chinese market have grown together and accomplished each other, and China is not only one of the world's largest consumer markets, but also its flourishing industrial ecology and leading software strength, which has become an important driving force for them to continue to innovate.

Huang emphasized that Nvidia will continue to spare no effort to optimize the product system that meets regulatory requirements and serve the Chinese market unswervingly.

He added that AI is profoundly changing the landscape of many industries, but this is just the beginning, whether it's healthcare, financial services, climate tech or manufacturing, every industry is poised for disruptive change triggered by AI.