If Huang Renxun steps down, the biggest winner will be China? Experts reveal: The United States may pay a greater price

With the resignation of NVIDIA founder Jensen Huang, the biggest winner may be China, while the United States may pay a greater price. The US media "Business Insider" reported that Stacy Rasgon, a well-known semiconductor analyst on Wall Street and Bernstein, described Huang as the architect of the U.S. AI development path and bluntly said that "if Huang is replaced, the biggest beneficiary will obviously be China."

As China continues to actively invest in AI technology, losing Huang Renxun may not only severely damage Huida, but may also shake the United States' leading position in the global AI competition. "Business Insider" bluntly stated that Huang Renxun's value to Huida even exceeds the market value of Morgan Stanley and Goldman Sachs, two important Wall Street investment banks.

It is worth noting that after foreign media disclosed that Huida’s board of directors was preparing to replace Huang Renxun, Huida’s stock price fell by about 8% after the market closed, and its market value evaporated by more than 300 billion US dollars. Rasgon even slashed Huida’s target price from US$400 to US$200, a drop of 50%. In this regard, the "Reuters" opinion column pointed out that Huida's share price reflects the risks of the Chinese market.

"Morningsta" pointed out that Huang Renxun's departure from Huida has cast a shadow on the huge supply chain. Now, market participants are worried that the fallout from the scandal that led to the CEO's resignation could impose tighter restrictions on the semiconductor industry, which could harm Asian partners and exacerbate an already tight supply of artificial intelligence chips.

Experts pointed out that Huang Renxun described himself as the designer of the development path of AI in the United States. Now, with Huang Renxun leaving office and Huida having no obvious successor, the U.S.'s leading position over China in the AI ​​​​race seems to have become less stable. Rasgon admitted in a report on the 11th that it was even difficult to imagine who Huida could find to fill the vacancy left by Huang Renxun. He had warned earlier that if Huang Renxun was replaced, the biggest beneficiary would obviously be China, and he hoped that all parties would act calmly.

Brad Gastwirth, global research director of Circular Technology, a technology research organization, also said that Huang Renxun's departure will be a setback for the United States as China continues to actively invest in its own AI capabilities. He believes that Huida is the core company in maintaining the leading position of AI in the United States. Losing Huang Renxun at this stage may cause unnecessary chaos.

However, "Business Insider" pointed out that Huida's board of directors must also explain Huang Renxun's behavior, especially involving personal relationships with suspected Chinese spies. If directors do not take any action, they may expose themselves to legal risks; but as representatives of shareholders, the board of directors must also weigh the huge cost of losing the person who built Huida into the core of the AI ​​boom.