Chinese firms have begun ordering Nvidia's H20 AI chips as Nvidia plans to resume sales to mainland China. The company expects to obtain US government licenses soon to restart shipments of these restricted processors, which could generate $15 billion to $20 billion in additional revenue this year. Nvidia has assured that applications with the US government are being filed to permit H20 sales, hoping for quick delivery. The H20 chips are Nvidia's most capable processors available in China, despite having less power due to previous export restrictions imposed in 2022.
Chinese firms are rushing to order Nvidia's H20 AI chips as the company plans to resume sales to mainland China. Nvidia expects to receive US government licenses soon to restart shipments of the restricted processors, potentially generating $15 billion to $20 billion in additional revenue this year.
Nvidia is filing applications with the US government to resume H20 sales, asserting that licenses have been assured. The company hopes to start deliveries soon.
Since the launch of ChatGPT in 2022, Nvidia's financial trajectory has been linked to the demand for specialized hardware capable of executing AI models efficiently. Nvidia's GPUs are designed for massive parallel computations required by neural networks.
The H20 chips are Nvidia's most capable AI processors legally available in China, though they contain less computing power than versions sold elsewhere due to 2022 export restrictions.
Collection
[
|
...
]