The United States government is "working feverishly" on license applications for Nvidia to ship its H200 chips to China, but the company still does not know when they will be approved, Nvidia's chief ... ...

韩国的三星电子和SK海力士也获得了类似的进口许可。 此前，这些公司一直受益于美国针对对华芯片相关出口的广泛限制中的 豁免安排 ，但这类被 称为" 经验证最终用户（validated end-user） "的特殊资格已于去年 12月31日到期 ，因 此这些公司在 2026年 需要改为申请美国的 出口许可 。 台积电在声明中表示："美国商务部已向台积电南京授予一项年度出口许可证，允许受美国出 口管制的物项供应给台积电南京，而无需每家供应商分别申请许可证。"公司再次强调，该许 可"确保晶圆厂运营与产品交付不受中断"。 南京工厂主要生产 16纳米 以及其他 成熟制程 芯片，台积电在上海也设有一座芯片制造工 厂。 台积电在其 2024年年报 中称，南京厂贡献了公司整体营收约 2.4% 。 编辑：嘉颖 【导读】 台积电将向南京工厂输出芯片制造设备 中国基金报记者 泰勒 大家好，简单关注一下台积电南京的消息。 台积电周四表示，美国政府已向台积电发放一项 年度许可 ，允许其将 美国芯片制造设备 进 口至其位于中国大陆的南京工厂。公司声明中称，该批准" 确保晶圆厂运营与产品交付不受中 断 "。 深夜！茅台放大招：1499买飞天 ...

声明中也指出，"这项许可是在2025 年12 月31 日现行VEU 授权到期前核发，可确保晶圆厂营运与产品交付不中断。" 台积电ADR 股价在2025 年最后一个交易日上涨1.44%，全年涨幅超过50%。（ 来源： 钜亨网） 转自：天天 IC 声明：本文仅为信息交流之用，不构成任何投资建议，股市有风险，投资需谨慎。 加入"中国IC独角兽联盟"，请点击进入 是说芯语原创，欢迎关注分享 据《路透》报导， 台 积电周四(1 日) 表示，美国政府已核发一项年度许可，允许台积电将美国制的芯片制造设备运往其位于南京的工厂。 台积电在向《路透》发出的声明中指出，这项核准"确保晶圆厂营运与产品交付不受影响"。 台积电加入了韩国的三星电子(Samsung Electronics) 与SK 海力士(SK Hynix) 行列，也获准将美国芯片制造设备运往中国大陆。 此前，这些亚洲公司受惠于美国对中国大陆芯片相关出口的全面限制所提供的豁免。不过，被称为"经验证最终用途(VEU)"的特权已于12 月31 日到期，意味着自2026 年起，美国设备出口至中国大陆境内的芯片制造厂，将必须取得美国的出口许可。 台积电在声明中表示，"美国商务部 ...

Summary of Key Points from the Conference Call Industry and Company Involved - **Industry**: AI Chip Manufacturing and Export Controls - **Company**: NVIDIA, specifically regarding its B30A AI chip Core Points and Arguments 1. **Export Consideration**: The U.S. is contemplating allowing the export of NVIDIA's B30A chip to China, which would provide capabilities similar to the B300 at half the performance and cost [1][2][46] 2. **Policy Shift**: Approving the B30A export would mark a significant shift from the Trump administration's export control strategy aimed at denying advanced AI compute to strategic rivals [2][5] 3. **Supply Inelasticity**: If supply is inelastic, fewer AI chips may be sold to U.S. and global customers, potentially allowing Chinese companies to capture market share from U.S. firms [2][11] 4. **Access to AI Supercomputers**: Chinese AI labs would gain access to supercomputers comparable to U.S. labs at a similar cost, with B30A training clusters estimated to cost about 20% more than those based on the B300 [4][35] 5. **Diminished U.S. Advantage**: The U.S. AI compute advantage over China could shrink dramatically from 31x to less than 4x if B30As are exported, and could even flip to a 1.1x advantage for China in aggressive export scenarios [5][11] 6. **Demand Fulfillment Argument**: A key argument for allowing B30A exports is that it would satisfy Chinese demand for AI compute, which Huawei and other companies cannot meet due to U.S. export controls on semiconductor manufacturing equipment [11][12] 7. **Long-term Strategy**: Restricting exports of powerful AI chips like the B30A is seen as the best way to maintain the U.S.'s AI compute advantage in the short term and to halt China's domestic AI chip manufacturing expansion in the long term [13][19] 8. **Recent Developments**: Chinese regulators have banned purchases of NVIDIA's H20 chip, which may create an opportunity for the U.S. to promote B30A sales to limit market opportunities for Chinese competitors [25][26] Other Important but Overlooked Content 1. **Performance Comparison**: The B30A is expected to outperform the H20 chip by more than 12 times and exceed U.S. export control performance thresholds by over 18 times [46][47] 2. **Cost Efficiency**: The B30A is speculated to have a price-performance ratio similar to the best AI chips on the market, being priced at about half that of the B300 [49][35] 3. **Potential Risks**: Allowing B30A exports could accelerate China's AI development and undermine U.S. advantages in the global market, while doing little to change China's long-term goal of achieving self-sufficiency in advanced AI chips [26][28] This summary encapsulates the critical insights and implications discussed in the conference call regarding the potential export of NVIDIA's B30A chip to China and its broader impact on the AI chip industry and U.S.-China relations.

【导读】特朗普批准英伟达向中国出口H200芯片，英伟达回应 中国基金报晨曦综合整理 芯片圈大消息！ 12月9日，据多家外媒报道，美国商务部将允许英伟达向中国的获批准客户出口H200芯片。同时，美国政府 将从这些销售中抽取25%的分成。 美国总统特朗普在其社交媒体上宣布了这一决定。特朗普称，在确保美国国家安全的前提下，将"允许英伟 达向中国及其他国家的合格客户交付其H200芯片产品"。他还表示，已告知中国这一决定并得到了积极回 应。 不过，特朗普仍在帖文中强调，被允许出口的芯片不会包含英伟达更领先的Blackwell和即将面世的Rubin芯 片。而其他芯片大厂，包括AMD、英特尔等也同样适用相关规则。 此外，英伟达需将销售所得收益的25%支付给美国政府。"这将支持美国就业，增强美国制造业实力，并惠 及美国纳税人。"特朗普解释称。 对此，英伟达发言人表示，"我们赞赏特朗普总统的决定，该决定允许美国芯片行业参与竞争，从而支持美 国的高薪工作岗位和制造业。政府允许英伟达向经过商务部审查的商业客户提供H200芯片，是一个兼顾了 各方利益的周全平衡，这对美国非常有利。" 此前，英伟达CEO黄仁勋（Jensen Huang ...

凤凰网科技讯北京时间12月9日，据科技网站TechCrunch报道，英伟达的先进AI芯片终于可以重返中国 市场了。对此，英伟达进行了官方回应。 黄仁勋 美国商务部将允许英伟达向中国的获批准客户出口H200芯片。同时，美国政府将从这些销售中抽取 25%的分成。美国总统特朗普在其社交媒体上宣布了这一决定。 英伟达发言人就此进展对TechCrunch表示："我们赞赏特朗普总统的决定，该决定允许美国芯片行业参 与竞争，从而支持美国的高薪工作岗位和制造业。政府允许英伟达向经过商务部审查的商业客户提供 H200芯片，是一个兼顾了各方利益的周全平衡，这对美国非常有利。" 就在上周，英伟达CEO黄仁勋(Jensen Huang)在白宫与特朗普会面，双方讨论了出口管制问题。虽然黄 仁勋当时未披露细节，但预计他对特朗普进行了游说。(作者/箫雨) ...

Core Viewpoint - The diplomatic tensions between Japan and China, initiated by Japanese Prime Minister Sanna Takashi, have led to a series of countermeasures from China, including travel advisories and a ban on seafood imports, highlighting Japan's limited maneuvering space in this geopolitical conflict [1][2]. Group 1: Japan's Response and Strategy - Japan is expected to maintain its usual strategy of avoiding direct retaliation while keeping communication channels open, hoping for a gradual easing of tensions over time [1]. - Analysts suggest that Japan could collaborate with the U.S. to tighten export controls in the semiconductor sector, which could pose significant challenges to China's related industries, but must proceed cautiously to avoid harming its own economy [2][4]. Group 2: Semiconductor and Rare Earths - Semiconductor manufacturing equipment is a key export category for Japan to China, accounting for over 10% of Japan's total exports to China last year, indicating a potential area for tightened export controls [2]. - Japan's reliance on China for rare earths has increased from approximately 60% to over 70% due to rising demand for electric vehicles and renewable energy, making it vulnerable to potential Chinese export restrictions [4]. Group 3: U.S.-Japan Cooperation - If Japan receives support from the U.S., the collaboration could significantly impact the global semiconductor supply chain, posing a more severe challenge to China's chip industry [2]. - Japan may seek diplomatic support from G7 allies to condemn China's actions and push for a resolution through diplomatic channels, while also increasing direct communication with China [5]. Group 4: Potential Chinese Countermeasures - China has various means to exert pressure on Japan, such as extending permit approval times and enhancing export documentation reviews, rather than outright banning rare earth exports [5]. - Analysts believe that China is unlikely to completely halt rare earth exports to Japan, especially with signs of diplomatic thawing between China and Japan [4].

Core Viewpoint - The Biden administration is urging Congress to reject the GAIN AI Act, which would limit Nvidia's ability to sell AI chips to China and other "adversarial nations," thereby weakening the bill's prospects [1] Group 1: GAIN AI Act - The GAIN AI Act requires chip manufacturers to ensure U.S. buyers have priority access before exporting controlled AI chips, reflecting a "America First" framework [1] - The bill is seen as a form of "reverse pressure" from Congress regarding Trump's stance, potentially hindering Nvidia and AMD's sales of high-performance products to China [1] - Nvidia has been lobbying against the GAIN AI Act, asserting that there is no chip shortage in the U.S. [1] Group 2: Impact on U.S. Cloud Giants - If the GAIN AI Act fails, it could negatively impact U.S. cloud giants like Microsoft, who support the bill to ensure priority access to high-end hardware over Chinese competitors [1] - These companies also aim to secure advanced chip access for their data centers located in Saudi Arabia and the UAE [1] Group 3: SAFE Act of 2025 - Congress is pushing another bill, the SAFE Act of 2025, which would require the U.S. Commerce Department to reject all applications for exporting higher-performance AI chips to China for the next 30 months [2] - The fate of both the GAIN AI Act and the SAFE Act remains uncertain, with discussions ongoing about incorporating GAIN AI into the 2026 National Defense Authorization Act [2] Group 4: Historical Context and Future Outlook - Since 2022, the U.S. has imposed restrictions on Nvidia's chip sales to China, citing concerns that advanced AI could enhance China's military capabilities [3] - The Trump administration has previously approved AI chip exports to Gulf countries and allowed the sale of the H20 chip to China, raising concerns about the legality of such arrangements [3] - The U.S. Treasury Secretary indicated that once the Blackwell chip is no longer considered cutting-edge, exports to China may be permitted [4] - The SAFE Act aims to legally restrict high-end chip exports to China, reflecting the rapid changes in the AI hardware industry [4]

Core Points - The U.S. government is urging Congress to reject a bill that would limit NVIDIA's ability to sell AI chips to China and other "hostile nations," indicating a potential victory for NVIDIA in its lobbying efforts against the legislation [1][3] - The proposed GAIN AI Act aims to prioritize AI chip supply for U.S. companies like Microsoft and Amazon while restricting exports to China, highlighting the competitive landscape in the AI sector [1][3] - Despite the potential defeat of this bill, there is a bipartisan consensus in Congress to continue imposing restrictions on China's AI development, with plans for a simpler legislative approach to enforce stricter export controls [3][4] NVIDIA's Market Position - NVIDIA's third-quarter revenue reached a record $57 billion, a 62% year-over-year increase, but its sales in China plummeted by 63% to $3 billion, reflecting the impact of geopolitical tensions [5][6] - The CFO of NVIDIA expressed disappointment over the inability to secure large orders from China due to geopolitical issues and competition, emphasizing the need for ongoing communication with both U.S. and Chinese markets [6] - NVIDIA's market share in China has drastically decreased from 95% to 0%, with the CEO highlighting the adverse effects of U.S. policies that have led to a complete exit from the Chinese market [6][7]

Core Viewpoint - The recent U.S.-China meeting in Busan appeared positive, but shortly after, U.S. Treasury Secretary Mnuchin announced plans to increase tariffs on China, indicating underlying tensions and urgency from the U.S. side due to China's rare earth export controls [1][5]. Group 1: U.S. Strategy and Actions - The U.S. is attempting to balance its need for China's rare earth materials, crucial for high-tech military applications, while simultaneously pressuring China through tariff threats [1][3]. - The U.S. aims to form alliances with other countries for rare earth mining and refining to reduce dependence on China, but faces significant challenges in achieving this goal [8]. - The U.S. is also engaging with South Korea to enhance military capabilities, including nuclear submarines, which is seen as a direct counter to China [3][8]. Group 2: China’s Response and Position - China maintains a firm stance on its diplomatic principles of mutual respect and peaceful coexistence, indicating that it will not be easily intimidated by U.S. threats [9][11]. - The lack of a signed agreement post-Busan suggests that while there may be some areas of cooperation, significant negotiation and strategic maneuvering are still required [11][12]. - China's ability to leverage its rare earth resources in response to U.S. actions highlights the potential for a tit-for-tat dynamic in the ongoing trade tensions [11].