Core Viewpoint - The H20 market is experiencing high demand, with potential buyers urged to act quickly due to limited supply and significant interest from Chinese companies [1][4]. Supply and Demand - Current H20 supply consists of existing inventory, with estimates ranging from 300,000 to 400,000 units or 600,000 to 1,000,000 units, indicating a limited availability [1]. - Chinese enterprises are rapidly purchasing H20, with large companies submitting substantial applications [1]. Technical Aspects - Discussions on transitioning from H200 (or H800) to H20 suggest the use of "point cutting" technology for hardware downscaling, differing from previous software methods [2]. - There are indications that after the ban on H20, Nvidia considered reverting H20 back to H200, but the high costs led to abandonment of this plan [2]. Market Impact - The release of H20 is expected to negatively impact certain sensitive companies, although specific names are not disclosed [3]. - Once the existing H20 inventory is sold out, it is unlikely that new H20 units will be produced, as Nvidia is focusing on the Blackwell series [3]. Buyer Recommendations - Potential buyers are advised to act without hesitation, as future availability may become constrained [4].