美芯巨头，遭遇前所未有的信任危机，比尔盖茨预言已成真

Core Viewpoint - The recent trust crisis faced by Nvidia is primarily due to safety concerns surrounding the H20 chip, which was initially seen as a lucrative opportunity in the Chinese market but has now raised significant security alarms [1][3][10]. Group 1: H20 Chip Overview - The H20 chip was designed specifically for the Chinese market, allowing Nvidia to generate over $20 billion in annual revenue while providing Chinese companies with usable AI chips [5][6]. - The chip was developed under the constraints of U.S. technology regulations, aiming to balance performance with compliance [6][8]. Group 2: Safety Concerns - The safety issues surrounding the H20 chip are serious, with potential risks including remote shutdown capabilities and data collection features that could be exploited maliciously [10][12]. - Historical precedents of U.S. technology embedding backdoors have contributed to a growing distrust in American tech products, further complicating Nvidia's position in the market [12]. Group 3: Market Dynamics - The market share of Nvidia in China has significantly declined from 95% to 50%, while domestic chip manufacturers like Huawei and Cambrian have increased their presence, capturing 40% of the AI computing center procurement market by 2025 [13]. - The ongoing crisis may serve as a catalyst for China's tech industry to reduce reliance on foreign technology, emphasizing the importance of technological security as a cornerstone of national security [16].