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Nvidia Demands Upfront Payment for China H200s While Beijing Weighs Limits

The company is requiring prepaid, non‑cancelable orders to shift risk because U.S. licenses and China’s purchase conditions remain unsettled.

Overview

  • Nvidia is requiring full payment in advance for H200 orders from Chinese customers with no cancellations, refunds, or configuration changes allowed, Reuters reported.
  • Chinese regulators recently told some tech firms to pause new H200 purchases as they consider rules that could require buyers to acquire domestic chips alongside any Nvidia orders.
  • U.S. export licenses for H200 shipments to China are still under interagency review after President Donald Trump approved sales with a 25% revenue‑sharing condition.
  • Chinese buyers have placed orders exceeding 2 million H200 units at about $27,000 each, and initial deliveries are planned from existing inventory as early as mid‑February, according to prior Reuters reporting.
  • At CES, CEO Jensen Huang said demand in China is “quite high” and that any Chinese approval would likely be signaled through purchase orders rather than public announcements.