TrendForce: NVIDIA's lifting of export restrictions on H20 will boost demand release. It is estimated that the proportion of AI chips purchased from abroad in China will rise to 49%.

TrendForce stated that the United States is expected to allow NVIDIA to resume sales of H20 GPUs in the Chinese market. This policy reversal is expected to stimulate demand from local AI and cloud operators, with H20 expected to become the main high-end AI chip in the market and drive an increase in HBM demand. Based on the latest developments, TrendForce has adjusted its estimate for the proportion of NVIDIA, AMD, and other chips purchased from outside China in the Chinese AI market to 49%, up from the previous estimate of around 42% due to the possibility of NVIDIA not meeting its original shipping targets.