英伟达：下季度，给中国最新特供版

Core Viewpoint - Nvidia plans to launch a downgraded version of its H20 AI chip in the Chinese market to comply with U.S. export restrictions and to counter local competition, utilizing GDDR7 memory instead of high-bandwidth memory (HBM) [1][5]. Group 1: Product Development - Nvidia is set to release a downgraded H20 AI chip in the next quarter, which will remove HBM and adopt GDDR7 memory to meet U.S. export regulations [1]. - The company is also developing a Blackwell architecture chip specifically for the Chinese market, expected to be released later this year, which will similarly use GDDR7 memory [1]. - Despite the modifications, the new chips are anticipated to remain competitive in the market [4]. Group 2: Market Impact - Nvidia's revenue loss for the first quarter is projected to be $5.5 billion due to expanded U.S. export restrictions on its AI chips [1]. - The Chinese AI chip market is predicted to reach $50 billion in the coming years, highlighting its significance for Nvidia [4]. Group 3: Regulatory Environment - The U.S. government has tightened export controls on AI chips to China, impacting Nvidia's product offerings and market strategy [5]. - Nvidia's CEO has expressed opposition to these export restrictions, emphasizing the importance of Chinese researchers in the global AI landscape [4].