Overview

• Alibaba, ByteDance and others are seeking reassurance that H20 orders are being processed despite Beijing’s discouragement, according to people familiar with procurement talks.
• Chinese buyers are tracking a planned Blackwell-based B30A that sources say could cost about twice the H20’s $10,000–$12,000 price and offer big performance gains if U.S. authorities approve sales.
• Chinese regulators have summoned firms, including Tencent and ByteDance, to explain H20 purchases and raised information-risk concerns, but they have not ordered a halt to buying Nvidia products.
• Nvidia says it has received some H20 export licenses yet has not begun shipping as it finalizes terms tied to giving the U.S. government 15% of related China revenue; Reuters previously reported 600,000–700,000 H20 units in inventory.
• Engineering sources say Nvidia’s chips outperform domestic options and benefit from CUDA and NVLink, while limited supply from Huawei and Cambricon sustains demand as Nvidia’s latest outlook excluded China and the stock fell about 6%.