Nvidia Corp. is considering raising the price of its H20 artificial-intelligence accelerator for Chinese customers by as much as 18%, according to Taiwanese press reports and an Aug. 16 note from Gene Munster, co-founder of Deepwater Asset Management. The H20, a constrained version of the company’s Hopper-class GPU, is scheduled to ship to China after Washington eased earlier export curbs. The company’s internal modelling shows the higher list price would offset the impact on gross margin of an agreement to share a portion of H20 revenue with the Trump administration, people familiar with the discussions said. Analysts noted that the proposed markup exceeds the revenue-sharing percentage, effectively pushing the cost onto China’s AI server supply chain. Beijing’s largest internet platforms have been told to limit purchases of the H20 in favour of domestic semiconductors. Tencent, on its second-quarter earnings call, said it has sufficient Hopper inventory for training workloads and can rely on Chinese chips for inference, signalling it does not intend to order the new Nvidia part. The pricing move may further damp demand as local governments aim to lift the country’s AI-chip self-sufficiency above 70% by 2027. Nvidia declined to comment on the reported deliberations. The Santa Clara, California-based company is due to report quarterly results on Aug. 21, when investors will look for details on its China strategy and any impact from the planned price adjustment.