Nvidia(US:NVDA) Di Yi Cai Jing·2025-07-18 11:22Group 1 - The core viewpoint emphasizes that cooperation and win-win outcomes between China and the US are essential, while suppression and containment have no future [1][5] - The Chinese Ministry of Commerce confirmed ongoing communication with the US regarding trade negotiations, highlighting the approval of Nvidia's H20 chip sales to China as part of these discussions [1][3] - Nvidia's CEO expressed the attractiveness of the Chinese market and the company's willingness to deepen cooperation in artificial intelligence with Chinese partners [1][3] Group 2 - The US government's export control measures have negatively impacted American companies, with Nvidia estimating a loss of $5.5 billion due to restrictions on chip sales to China [3][4] - A report from the New York Federal Reserve indicated that export controls have led to significant declines in revenue and profitability for affected US companies, with an average revenue drop of 8.6% and a 25% decrease in earnings before interest and taxes [4] - The report also noted a 7.1% reduction in employment among affected US companies, highlighting the broader economic implications of these export controls [4] Group 3 - The Chinese semiconductor industry is determined to continue its development despite US pressures, with industry leaders advocating for a return to fair competition based on product and company capabilities [6] - The Chinese semiconductor industry association aims to strengthen international cooperation, including with US counterparts, to maintain industry interests and promote open collaboration [6]