智通财经网·2025-07-15 07:48Core Viewpoint - Nvidia's CEO Jensen Huang announced the submission of an application to resume sales of the H20 GPU to China, with the U.S. government guaranteeing the issuance of the necessary license, aiming for prompt delivery [1][2] Group 1: H20 GPU Resumption - The resumption of H20 GPU sales is expected to alleviate the backlog of computing power demand in China, which had been impacted by previous licensing uncertainties [1][3] - The H20 chip, a simplified version of the H100, is designed to meet U.S. export control policies and is crucial for AI applications in China, despite having only one-sixth the computing power of the H100 [2][3] Group 2: Impact on Supply Chain - The recovery of H20 supply is likely to enhance visibility and shipment rhythm for Nvidia's core suppliers, potentially restoring previous pessimistic expectations and driving performance growth in the second half of the year [3] Group 3: Investment Opportunities - Suggested companies to watch include those in the overseas AI supply chain such as Industrial Fulian, Huadian Technology, and others, as well as domestic AI supply chain companies like Chipone, Cambricon, and others [4]