
Nvidia Corp. said its latest financial outlook assumes no shipments of its H20 artificial-intelligence GPU to China and confirmed that it recorded no H20 sales to China-based customers in the fiscal second quarter. Chief Executive Officer Jensen Huang told Fox Business that the company has not yet received any orders for the China-compliant chip variant, though it has produced a limited number of units for the coming quarter should demand emerge. The absence of orders from what was once a major market came despite a slight earnings beat and sent Nvidia shares roughly 2% lower in after-hours trading, underscoring investor concern over the company’s ability to regain traction in China.

NVIDIA CEO ON H20 SALES TO CHINA: HAVEN'T SEEN ORDERS YET -FOX
$NVDA - NVIDIA CEO ON H20 SALES TO CHINA: “HAVEN’T SEEN ORDERS YET” – FOX BUSINESS
NVIDIA $NVDA CEO: HAVEN'T SEEN H29 ORDERS FROM CHINA YET... HAVE SOME H20S BUILT FOR COMING QUARTER, IF ORDERS COME IN