Nvidia(US:NVDA) Xin Lang Cai Jing·2025-07-16 09:25Core Viewpoint - The recent announcement by NVIDIA's CEO Jensen Huang regarding the resumption of H20 chip sales in China signals a significant shift in U.S.-China technology relations, suggesting a potential easing of export restrictions and a new phase in the ongoing technological competition between the two nations [1][2]. Group 1: NVIDIA and H20 Chip - The H20 chip, a downgraded version of the H100, was developed in response to U.S. export restrictions and is now being reintroduced to the Chinese market [1][2]. - The lifting of the ban on EDA software also indicates a broader trend of policy relaxation in U.S.-China tech relations, reflecting a recognition of China's capabilities in key technology sectors [1][2]. - Despite facing competition from domestic firms like Huawei, the demand for H20 remains strong among major Chinese tech companies such as ByteDance and Tencent, highlighting the chip's importance in the AI sector [2][3]. Group 2: Impact on Chinese AI Industry - The reintroduction of the H20 chip is expected to alleviate the computing power shortages faced by Chinese AI applications, which have significant user bases and high computational demands [3][4]. - There are concerns that the availability of H20 may dampen the momentum of domestic AI chip development; however, the commitment to achieving self-sufficiency in AI chip technology remains strong [6][7]. - The H20 chip is viewed as a product of U.S. policy that distorts the global tech supply chain, and its sale is seen as a temporary measure rather than a solution to the underlying issues of technological dependence [6][7].