外媒：中国企业还得依靠英伟达

Core Viewpoint - The article discusses the implications of the U.S. allowing NVIDIA's key AI chips to return to China, highlighting the complex dynamics between U.S.-China trade negotiations and China's AI ambitions [1][2]. Group 1: U.S.-China Relations and NVIDIA - The U.S. has permitted the sale of H20 chips to China, which is crucial for China's AI development, while China is leveraging this in trade negotiations [1]. - Despite the U.S. announcement, there are concerns in China regarding potential security risks associated with NVIDIA's chips, leading to warnings from state media [1][2]. - The U.S. Treasury Secretary indicated that China's reaction reflects concerns about NVIDIA chips becoming a standard in China, suggesting a deeper anxiety about technological dominance [1][2]. Group 2: China's AI Industry and Domestic Alternatives - Chinese companies are still eager to purchase H20 chips despite warnings about potential backdoors, indicating a strong reliance on NVIDIA's technology [2]. - Domestic alternatives to NVIDIA's products are not yet capable of matching the performance or production levels required for AI development, as evidenced by delays in projects like DeepSeek's new model [2]. - The Chinese government is aware of the need for domestic chips but faces challenges in achieving the desired technological capabilities [2]. Group 3: Financial Implications and Security Concerns - President Trump's announcement that NVIDIA would pay 15% of its AI chip sales revenue in China raises questions about the transactional nature of national security concerns [3]. - This payment structure could provoke strong reactions globally, emphasizing the intertwining of trade and security in the semiconductor industry [3].