Nvidia's H200 Chips Ship to China, But Revenue Forecast Remains Gloomy
Hamid Siddiqui
News
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Nvidia has shipped its first H200 processors to China under a new US licensing agreement, representing less than 1% of its $89B data center revenue. Despite this, the company forecasts $108B for the current quarter, assuming zero revenue from China. CEO Jensen Huang cites constrained growth, hinting that demand exceeds current projections. Meanwhile, Europe is bidding for up to seven AI gigafactories, pledging €30B, yet much remains uncertain. Prices for Nvidia servers are set to rise over 15% next year as Europe struggles with funding and independence.