Nvidia’s H200 sales prospects in China remain uncertain despite Huang visit
US chip giant reports 85 per cent year-on-year rise in quarterly revenue amid surge in AI demand, but no revenue from H200 sales in China
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While Washington has approved licences for H200 shipments to China-based customers, Colette Kress, Nvidia’s executive vice-president and chief financial officer, said on a post-earnings call it had “yet to generate any revenue, and we are uncertain whether any imports will be allowed into the country”.
Consistent with the previous quarter, Nvidia did not include any China data centre compute revenue in its outlook for the current quarter.
AdvertisementThe comments came after Nvidia CEO Jensen Huang joined US President Donald Trump on a recent visit to China. Trump later said that Beijing had not approved purchases of the H200, despite US clearance.That highlights the increasingly complex position facing Nvidia, which remains the world’s dominant supplier of advanced artificial intelligence chips but has been caught between United States’ export controls and China’s push to strengthen domestic semiconductor alternatives.
AdvertisementNvidia’s financial performance nevertheless beat expectations. The Santa Clara-based company reported revenue of US$81.6 billion for the quarter ended April 26, up 85 per cent from a year earlier and a 20 per cent increase from the previous quarter.
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