【Tencent: GPU Inventory Sufficient, No Plans to Purchase Nvidia H20】According to Golden Financial, on August 17, Tencent Holdings President Liu Chiping responded during the second quarter earnings call, stating that the company has enough AI GPU chips to meet future model training demands and does not need to continue purchasing Nvidia H20. Regarding the shift of inference towards non-Western AI chips. In response to the impact of the U.S. restoring exports of Nvidia H20 and AMD MI308 to China, Liu Chiping pointed out that, although the Chinese and U.S. governments are still discussing relevant fields, Tencent currently has a sufficient chip inventory and does not need to rely on new imports.