软件与服务：算力产业跟踪：四大协会共同倡议，谨慎采购美国芯片

Investment Rating - The report maintains a "Positive" investment rating for the industry [8] Core Insights - On December 3, four major associations in China collectively announced that American chip products are no longer safe or reliable, advising companies to be cautious in their procurement of U.S. chips [5][6] - The U.S. government's recent changes to export regulations are expected to impact the stability of the semiconductor supply chain, further reinforcing the need for domestic alternatives [6][7] - The demand for chips in China is robust, with the country accounting for approximately 30% of global semiconductor market demand in 2023, while only producing about 7% of the global output, indicating significant room for growth in domestic chip manufacturing [6][7] Summary by Sections Event Description - The collective statement from the four associations highlights concerns over the reliability of U.S. chip products and suggests a shift towards domestic alternatives [5] Event Commentary - The U.S. government has intensified export controls, adding 140 Chinese companies to an "entity list" and imposing restrictions on various semiconductor manufacturing equipment and software, which could destabilize the supply chain [5][6] Domestic Chip Market Potential - The report emphasizes the urgent need for domestic innovation in the semiconductor sector, particularly in high-performance areas such as autonomous driving, where the localization rate is currently below 5% [6][7] - The potential for growth in the domestic chip industry is significant, with a focus on companies like Cambricon, which are positioned to benefit from the trend towards domestic substitution [7]