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Nvidia Denies Upfront-Payment Reports as China Prepares to Approve H200 Imports

Huge Chinese orders outstrip Nvidia’s roughly 700,000-unit inventory, setting up limited pre–Lunar New Year shipments.

Nvidia logo and Chinese flag are seen in this illustration taken August 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Overview

  • Nvidia told Reuters it does not require full payment before delivery for H200 chips and said it would never ask customers to pay for products they do not receive.
  • Asia Times reports Beijing is set to allow H200 imports for Chinese tech firms under cautious conditions as industry voices warn against overreliance on foreign chips.
  • Alibaba and ByteDance have privately indicated interest in more than 200,000 H200 units each, and Reuters has reported total Chinese orders exceeding 2 million for 2026.
  • Nvidia has targeted an initial China shipment before the Lunar New Year of 5,000 to 10,000 modules, equivalent to roughly 40,000 to 80,000 H200 chips, with about 700,000 units currently in inventory.
  • Reporting points to a price near $27,000 per H200 and plans for TSMC to boost production in the second quarter of 2026, with U.S. export-license reviews still in progress.