来源:百亿基金经理内参关于英伟达H20算力芯片被约谈事件,雷涛观点如下:H20被约谈,对英伟达和北美产业链没什么影响,本来H20在恢复供应之前,英伟达就已经全部计提了存货。国内数据中心建设进度进一步放缓,被迫只用采用国内算力芯片,对半导体是好事,但是国内算力芯片产能有限,国内大厂capex更加投不下去。这个事件可能体现中美谈判不如我们想象的顺利,中美谈判是否会发散恶化,对市场可能有更大的影响力。...
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