(Yicai) March 20 -- Nvidia is making all efforts possible to maximize its business in China, according to the chief executive officer of the US chip giant.

Nvidia launched the L20 and H20 chips in the Chinese market, which meet the license requirements on exports imposed by the United States government, Jesen Huang told global media outlets, including Yicai, at a press conference yesterday.

Nvidia’s chips have many China-made parts because supply chains are globalized, Huang noted.

Since last year, Nvidia has introduced several cloud products, including its own cloud service DGX Cloud, in some markets. However, the company’s main strategy remains to cooperate with cloud service providers to incorporate its cloud products into theirs, Huang pointed out.

Nvidia will not become a cloud computing firm but hopes cloud service providers could use its structure to build their own software products, Huang said, adding that many cloud service providers are trying to develop their own chips, but their development logic is utterly different from Nvidia’s.

Nvidia is a platform connecting with developers that sells data centers, not chips, according to Huang.

The global data center market was worth about USD250 billion last year, growing at a pace of between 20 percent and 25 percent, creating great opportunities for Nvidia, Huang noted.

Nvidia recently released the Blackwell artificial intelligence chip, which will be priced at between USD30,000 and USD40,000, depending on clients’ needs, Huang said.

Editors: Xu Wei, Futura Costaglione