Tencent: GPU inventory sufficient, temporarily not purchasing Nvidia H20 According to a report by Golden Finance on August 17th, Liu Chiping, President of Chinese tech giant Tencent Holdings, responded by stating during the second quarter earnings conference call that the company has enough AI GPU chips to meet future model training needs and does not need to continue purchasing Nvidia H20. Regarding reasoning, it will shift towards non Western AI chips. Regarding the impact of the resumption of Nvidia H20 and AMD MI308 exports to China by the United States, Liu Chiping pointed out that although there are still discussions between the Chinese and American governments in related fields, Tencent currently has sufficient chip inventory and does not need to rely on new imports.