Particle.news
Download on the App Store

Nvidia’s Rubin Push Meets Heavy Demand as China Review Pauses Some H200 Orders

Muted trading contrasts with analyst optimism built on tight supply, a swelling backlog, plus new infrastructure demand.

Overview

  • Nvidia used CES to unveil the Vera Rubin AI computing platform and an NVIDIA Inference Context Memory Storage system aimed at next‑generation inference workloads.
  • Orders for more than 2 million H200 chips imply roughly $54 billion in potential revenue, while current Blackwell supply is reported sold out.
  • Beijing has asked some tech companies to pause H200 purchases to weigh domestic chip procurement, creating near‑term uncertainty in a key market.
  • Rubin is moving into production for a 2026 ramp and will require 800‑volt power upgrades, opening additional revenue streams from supporting components and services.
  • Analysts reiterated bullish views and price targets, citing robust demand and large backlogs, even as Nvidia shares trade around $185 and are down about 1.8% over the past month.