Overview
- Chinese authorities confirmed purchases exceeding 400,000 H200 chips by ByteDance, Alibaba and Tencent, according to prior Reuters reporting.
- Market reports say Chinese buyers have placed orders for more than two million H200 units, outstripping Nvidia’s current supply capacity.
- U.S. regulators have allowed H200 exports to China, but Beijing retains final approval and conditions linked to Jensen Huang’s recent visit have not been finalized.
- Jensen Huang expressed confidence about winning meaningful China business yet is keeping potential contracts out of near‑term earnings estimates.
- Nvidia plans to join OpenAI’s latest funding round with its largest investment to date, as Bank of America reiterates a Buy rating with a $275 price target and Street consensus remains Buy.