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Nvidia Says China’s H200 Approval Will Show Up in Purchase Orders

U.S. export licenses are still pending under a policy that requires Nvidia to pay 25% of China H200 sales to the government.

Overview

  • CEO Jensen Huang said Beijing is unlikely to issue a public clearance and that Nvidia will gauge approval through incoming purchase orders.
  • CFO Colette Kress said U.S. agencies are working feverishly on export license applications, with no approvals granted yet.
  • Nvidia has restarted H200 production and reports very strong interest from Chinese firms.
  • Reporting indicates orders exceeding 2 million H200 units, roughly $54 billion at about $27,000 per chip, though shipments depend on U.S. and Chinese sign-offs.
  • Nvidia shares were little changed as investors await concrete licensing decisions and potential China purchase activity.