Overview

• Financial Times reporting says the CAC, NDRC and MIIT told companies such as Alibaba and ByteDance to halt or reduce new H20 orders and initiated security reviews after calling Lutnick’s remarks “insulting.”
• Reuters-sourced reports indicate Nvidia is developing a China-focused Blackwell GPU dubbed B30A that is less powerful than B300 but stronger than H20, with sample shipments targeted as early as next month pending approvals.
• Nvidia and AMD agreed to pay roughly 15% of revenue from certain AI chip sales in China in exchange for export licenses, with U.S. officials describing the H20 as lower in the product stack.
• Nvidia has publicly denied any backdoors, kill switches or spyware in its chips after Chinese state-linked commentary raised security concerns about the H20.
• Analysts expect Nvidia to guide cautiously and may exclude China revenue for Q3, and The Information reported Nvidia asked some suppliers to pause H20-related work, a development not yet confirmed by the company.