Nvidia Records Zero H200 AI Chip Sales in China with 25% Export Fee

NVDANVDA

Nvidia's H200 AI accelerator chip has generated zero sales in China so far despite reported approvals and purchase orders. Delays stem from U.S. export restrictions, China's own stance and a 25% export fee, leaving demand unmet and shipments stalled.

1. H200 Sales Status

On paper, Nvidia secured approvals and purchase orders for its H200 AI chips in China, but no units have been shipped or invoiced to date, highlighting a gap between demand and actual sales.

2. U.S. Export Restrictions

Current U.S. regulations impose licensing requirements and a 25% export fee on high-end AI chips, complicating Nvidia’s ability to legally export H200 units into the Chinese market.

3. Chinese Policy Factors

China’s own regulatory stance aims to prioritize domestic chipmakers by limiting foreign high-performance chip inflows, further slowing any potential H200 shipments.

4. Revenue and Outlook

With no H200 revenues booked in China, Nvidia faces short-term sales headwinds; resolution will depend on regulatory negotiations and possible adjustments to export fees.

Sources

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