On the morning of November 23rd, NVIDIA CEO Huang Renxun appeared at the degree awarding ceremony of the Hong Kong University of Science and Technology. On stage, Huang Renxun was awarded an honorary doctorate in engineering from the Hong Kong University of Science and Technology. Later, he talked about NVIDIA's layout in China and the opportunities brought by artificial intelligence in his speech.
I am an honorary alumnus of the Hong Kong University of Science and Technology, and I am delighted to celebrate this extraordinary milestone with all graduates today. This is the beginning of an important journey in your lives, "said Huang Renxun. The Hong Kong University of Science and Technology is a leading research institution in artificial intelligence and data science, helping to advance artificial intelligence research worldwide. The Hong Kong University of Science and Technology emphasizes innovation and entrepreneurial spirit, helping the Greater Bay Area become a fertile ground for startups. Faculty and students of the Hong Kong University of Science and Technology have founded over 1800 startups, including 4 unicorn companies. NVIDIA has also benefited from the Greater Bay Area.
Huang Renxun stated that Nvidia came to China 25 years ago, and many Hong Kong University of Science and Technology alumni and long-term work partners have participated in building Nvidia's business in research centers in Hong Kong, Shanghai Pudong, Beijing, and Shenzhen, and have helped establish China's technology ecosystem. From the very beginning, we were fortunate enough to witness the formation of China's amazing technology industry, "said Huang Renxun.
Huang Renxun said that upon learning that he was coming to the Hong Kong University of Science and Technology today, some colleagues who graduated from the university reminded him to take a photo with a sundial resembling a turkey at the school gate. He said 'turkey' in Chinese, which made the graduates present laugh knowingly.
Subsequently, Huang Renxun talked about the development of the artificial intelligence industry. This is a special moment for your graduation, and also a special period for NVIDIA. Artificial intelligence has opened up a new era of computing that will affect every scientific field and every industry. We have re invented every layer of the computing stack, from programming software, 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, "said Huang Renxun.
Artificial intelligence is sparking a scientific revolution, "said Huang Renxun. In 2018, he talked about the integration of scientific computing and artificial intelligence. Since then, artificial intelligence and machine learning have been integrated into almost every field of science. Artificial intelligence has made it possible for scientists to analyze, accelerate simulations, conduct experiments, and establish predictive models on incredible data scales. Artificial intelligence has changed the way drug discovery is done, and it has also enabled people to study physical systems on the basis of huge data scales. This year, the Nobel Prize in Physics and Chemistry was awarded to scientists in the field of artificial intelligence. For enterprises, using artificial intelligence to accelerate innovation and improve productivity is just the beginning.
Huang Renxun stated that in heavy industry and manufacturing, investment in robots is surging due to new breakthroughs in the field of physics. The basic models of cognitive intelligence have made rapid progress, and the basic models of physical intelligence are also making rapid progress. The era of robots is coming. Just as the power industry was born in the last industrial revolution, artificial intelligence factories will be born in the era of artificial intelligence.
Artificial intelligence is undoubtedly the most important technology of our time. I am excited for you, and I also 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, "Huang Renxun said to the graduates.
Nvidia just released its latest quarterly financial report last week. In the third quarter of the fiscal year 2025 ending on October 27th, Nvidia's revenue was $35.082 billion, a year-on-year increase of 94%, and its net profit (Non GAAP) was $20.01 billion, a year-on-year increase of 100%, exceeding market expectations. Nvidia's management revealed in a subsequent conference call that the company has shipped 13000 chips with the latest Blackwell architecture to customers.
In January of this year, Huang Renxun also went to China, where he visited employees in the Beijing, Shanghai, and Shenzhen offices and attended the company's annual meeting. Apart from attending the degree awarding ceremony of the Hong Kong University of Science and Technology, Huang Renxun may have other arrangements in China this time. On November 22nd, Shen Xiangyang, a foreign academician of the National Academy of Engineering in the United States, revealed at the IDEA conference the arrangement for Huang Renxun to attend the degree awarding ceremony of the Hong Kong University of Science and Technology, and stated that he is ready to discuss some matters related to technology, leadership, and entrepreneurship with Huang Renxun now, especially the outlook on computing power growth.