An important computer company called Nvidia didn't go to a big show in China about computers and smart things. But people still talked about Nvidia's smart computer things. Some other companies from China showed their smart computer things at the big show. They want to be as good as Nvidia, which is very difficult. Some people think that even though Nvidia didn't go to the show, they still sold a lot of their smart computer things in China. This made other companies at the show very interested and they want to buy more of these smart computer things. Read from source...

- The article lacks a balance of viewpoints. It heavily leans towards Chinese GPU makers, failing to give a fair representation of the whole situation. Nvidia's absence at the show could have been due to multiple reasons, not just to promote Chinese GPU makers.
- The article quotes trade restrictions challenging Chinese firms, implying that Nvidia is at a disadvantage. However, it fails to mention how these restrictions might favor Chinese firms, giving them a competitive edge.
- The article discusses the absence of Nvidia due to US trade regulations, but fails to address how the same restrictions might have driven Nvidia to bypass these restrictions and smuggle their AI chips into China.
- The article mentions that Chinese GPU developers are trying to close the competitive gap. However, it fails to point out that this gap exists due to policies and restrictions imposed by foreign governments.

Overall, the article appears to present a biased view of the situation, giving undue importance to Chinese GPU makers and downplaying the role of foreign entities and the impacts of international policies and trade restrictions.

bullish

While Nvidia was absent from China's largest AI show due to US trade restrictions, Chinese GPU developers seized the opportunity to promote their products. Companies like Huawei Technologies and Tencent Holdings-backed Enflame Technology showcased their AI capabilities, highlighting the competitive gap Chinese firms are trying to close. The absence of Nvidia demonstrates the influence the company still holds in the AI industry, despite trade restrictions.

1. Huawei Technologies - has showcased its Ascend 910B chip at the AI show, drawing significant attention. The company could benefit from increased demand for its AI products.

2. Tencent Holdings-backed Enflame Technology - also showcased its AI capabilities at the show. Enflame could see growth as Chinese firms try to close the competitive gap.

3. Moore Threads - another Chinese GPU developer that showcased its AI capabilities at the show. Moore Threads could benefit from increased demand for its products.

Risks:

1. Trade restrictions - Chinese firms face challenges due to trade restrictions. Nvidia, despite being absent at the show, remains influential and its absence highlighted the competitive gap Chinese firms are trying to close.

2. Insufficient demand - much of China's computational power still needs to be utilized due to insufficient demand, as noted by Enflame's chief ecosystem officer.

3. Nvidia's influence - despite being restricted from exporting its most advanced chips to China due to U.S. trade regulations, Nvidia's presence was felt at the show and it is predicted to deliver over 1 million H20 GPUs in China this year, generating $12 billion in sales.

4. Smuggling of AI chips - despite U.S. export restrictions, a recent report indicated that Nvidia's high-end AI chips are smuggling into China, with approximately 12,500 AI chips smuggled annually. This could indicate potential violations of trade regulations.

Investment recommendations: Considering the risks, it would be advisable to invest in Chinese GPU developers such as Huawei Technologies, Tencent Holdings-backed Enflame Technology, and Moore Threads, as they showcase strong AI capabilities and are trying to close the competitive gap. However, careful consideration should be given to trade restrictions, insufficient demand, Nvidia's influence, and potential violations of trade regulations.