The time Han Xuan chose to enter the business field in his life is not too good, but it is certainly not too bad.

Missing the initial stage of the rise of the Internet and high-tech industries, he began to pay attention to these two industries, and the market capitalization of Microsoft and Intel was not low, but it was not very high.

In terms of the benefits, when he chose to start doing business in 1994, the general environment in the world field was almost mature, and IBM, the hegemon of the 70s and 80s, began to decline, and computers were just toys for a few people.

Many types of software have not yet been developed, the number of technical talents has increased, and there is no general focus on the value of these emerging industries, which are still in the early stages of development.

As a reborn person, who doesn't want to rely on his innate advantages to take the lead in business and other fields, Han Xuan is no exception, he has been daydreaming since he was a child, but the reality is cruel...... Because he returned to the womb of another mother and began to grow up from a young baby.

Being young means that many things cannot be realized according to your own ideas, not that you have not quietly instilled information such as investing in the Internet and investing in stocks to your father, and you plan to let this very rich "new father" invest.

It's just that because the father in this life is Han Qianshan, and his personality is rather strange, he completely takes his son's words as a deaf ear.

Even when I heard that I could make money, I just said "oh", "I'm not interested", "Don't mess with those cowboys", and I never really did anything.

It wasn't until Han Xuan, by chance, that he enrolled in the genius youth class of Brown University on the recommendation of his teacher when he was a child, and helped his old man to start building and increasing the SOS 24-hour convenience store department on the basis of SOS supermarket, and after success, he got a total amount of $2.5 billion in start-up funds.

After getting the authorization of the elders, he really entered the business field, and he was able to invest according to his own ideas.

Bloomberg News, Hasbro, Starbucks, Maserati Motor Company, Snow Mountain Group, etc., are all products of his investment in 1994, when he was just 11 years old, like a child who suddenly has money, spending lavishly.

Although it was a little late, it was not too late, and he caught up with the golden age of development......

When it invested in Nvidia's waferless IC semiconductor company, which mainly designs intelligent core chipsets, the company had just come to Santa Clara to invest and build a factory, and had just received a small amount of financing to develop and produce NV1 multi-functional chips.

Han Xuan successfully won a large amount of shares after the capital injection, and then carried out a second round of capital injection, so that it developed smoothly, seized the opportunity in the same industry, and in early 1998 acquired a part of the shares of the rival American AMD company, increasing its influence on the graphics processor industry.

The first time he entered the newly built GPU production factory, he and Anthony and others put on protective clothing, not because there were harmful substances that affect people's health in the production workshop, but because of the need to ensure that there is no dust in the precision production process.

The factory has realized semi-automatic assembly line operation, which belongs to the high-end configuration in the same industry, there are many workers in this plant, they sit next to the assembly line, someone looked at Han Xuan and them, and lowered their heads and continued to do things, except for the slight sound made by the machine, the rest of the place is quiet, and even some workers are listening to songs with headphones, and their mouths are humming quietly.

"What's being produced here?" Han Xuan asked Mr. Huang about it.

He replied, "NVIDIA-Riva-TNT2."

It is the core codenamed NV5 graphics card that we just released in April this year, and due to the 0.25 micron process, the frequency of the Riva-TNT2 standard version has been increased to 125MHz, and there is no comparable product on the market for the time being.

Just produced last month, the initial production capacity is only 30,000 pieces a month, and it will slowly increase in the later stage, its selling price is expected to be between 130 US dollars and 150 US dollars, mainly depending on the quantity purchased, if it is retailed in the market, the price will be higher, it will bring huge profits to our company for a long time. ”

Han Xuan pretended to nod his head, he didn't understand these at all, but seeing that Mr. Huang Jenxun was so excited that he was embarrassed to tell him that he didn't know much about performance, but he could know that these products were very profitable!

In the IT era, the integrated circuit industry is characterized by a winner-takes-all.

Nvidia's gross profit margin has been maintained at more than 55% for a long time, that is, the price sold to large buyers, minus the price of production costs, and if it is retail, the profit is higher.

Because there are many uncertain factors, such as the more output, the lower the cost, etc., so before the money is in the pocket, it is not possible to draw an accurate conclusion, but compared with traditional enterprises, high profits have become an indisputable fact.

The reason why Nvidia did not hesitate to spend a huge amount of money to acquire AMD's shares is precisely to occupy a certain degree of monopoly position, obtain market pricing power, avoid vicious competition with AMD, and reduce possible profits.

Compared with graphics processors, companies that produce CPU units are more profitable, and giants like Intel can have a net profit of about 60% at their peak!

According to the pricing strategy of the international low-profit chip design company "8:20 pricing method", that is, when the hardware cost is eight US dollars, the pricing is 20 US dollars, Intel has an advantage in the production of central processing units, so the pricing strategy is generally arranged at 8:35.

AMD has reached 8:50 in history, with the emergence of ATI, Nvidia and other companies, only to be forced to reduce the price of graphics processors, Mr. Huang has worked in AMD for a period of time, well aware of the profits that graphics processors can bring, so he decided to quit his job and produce his own with friends.

Han Xuan not only has the shares of the graphics processor manufacturer under his name, but also participates in VIA, Intel, AMD and other companies, holding about 4.7 percent of the shares in Intel, and it took more than three years to hold so many shares, reducing his holdings and cashing out 3.1 percent since the beginning of this year, and returning more than $13 billion in cash.

The company has recently mastered the technology of producing eight-inch wafers, and its total market value is now more than $511 billion, accounting for more than 85 percent of the CPU market.

Han Xuan acquired the shares of Nvidia at the right time, but missed the best opportunity to take a stake in Intel, which has to be said to be very regrettable......