周鸿祎：英伟达H20定位有点尴尬，“老黄的手术刀很割的很高明”

Core Insights - The 2025 China Internet Conference highlighted the importance of domestic chip production, emphasizing that while there is a gap between domestic products and those from companies like NVIDIA, consistent usage of domestic products is essential for improvement [1][2]. Group 1: Domestic Chip Production - The founder of 360 Group, Zhou Hongyi, stated that the industry must transition towards domestic chips, acknowledging the existing performance gap with NVIDIA but stressing the necessity of usage for improvement [1]. - Zhou emphasized the saying in the industry, "eat your own dog food," indicating that companies should use their own products to ensure quality and drive enhancements [1]. Group 2: NVIDIA H20 and Market Position - Zhou expressed skepticism about the NVIDIA H20, noting its awkward market positioning due to high performance expectations and regulatory challenges from the U.S. government [2]. - He pointed out that while the H20 is better suited for inference tasks, it is less capable for training models, which require higher performance chips [2]. - Zhou believes there are significant opportunities for domestic chips in inference applications, as they are simpler and do not require high-speed interconnects, making them more cost-effective compared to the H20 [2].