At the recent inaugural Tencent Cloud Hong Kong Day, Tang Daosheng, Executive Vice President of Tencent Holdings, responded to recent market speculation regarding H200 chip procurement. While he did not directly confirm specific approval progress, he clearly stated that the company will continue to maintain cooperation with international advanced chip manufacturers while strengthening collaboration with domestic chip vendors. This dual-track parallel strategy aims to secure computing power supply. Such a statement reflects the current coping strategies of technology enterprises amidst global supply chain fluctuations, emphasizing the need to accelerate the construction of an autonomous and controllable technical foundation while maintaining existing cooperative relationships.

Regarding the acquisition of overseas high-end chips, industry analysis indicates that although there are reports suggesting the US side has relaxed export restrictions for specific enterprises, actual delivery remains fraught with uncertainties. Relevant data shows that influenced by geopolitics and policy orientations, the market share of major international chip manufacturers in China's data center market has declined significantly, with some orders failing to convert into actual supply. Facing environmental complexity, domestic enterprises are rapidly increasing their reliance on local computing solutions, with originally optional domestic chips gradually becoming core choices. Recently, multiple top-tier internet companies and AI laboratories have adjusted capital expenditure directions, increasing investment in local hardware, leading even to price hikes for domestic chips due to surging demand.

With adjustments to supply chain strategies, Tencent's computing resource utilization model is also transforming. GPU computing power, previously mainly serving internal business, is expected to flow more towards the external market in the second half of the year, supporting automotive companies, large model firms, and various internet clients. To match this change, Tencent Cloud simultaneously launched three enterprise-level AI tools for the global market, covering Agent Workspaces, AI-Native Creative Studios, and Model-as-a-Service platforms. These products aim to help clients across different industries release the commercial value of artificial intelligence more efficiently by integrating infrastructure with model capabilities.

Furthermore, the company's global layout has not stagnated due to supply chain challenges. Tencent Cloud plans to add three new availability zones in Malaysia in the second half of the year and considers expanding nodes in regions such as South Korea, Thailand, and Indonesia based on actual conditions. Looking back over the past seven years, it has maintained high double-digit annual growth in the Hong Kong and Macau regions, recently reaching a three-year strategic partnership with local banks to jointly promote digital transformation in the fintech and retail sectors. This posture of deepening local substitution while actively expanding overseas markets shows that large technology enterprises are seeking new balance points and growth spaces within a complex and variable macro environment.