US EditionNvidia orders 300,000 H20 chips from TSMC due to robust China demand, Reuters reports
TAIWAN, JUL 29 – Nvidia placed a 300,000-unit order with Taiwan's TSMC after U.S. lifted the April ban, responding to strong demand from China amid ongoing export license approvals.
- Nvidia placed orders for H20 chips with TSMC, after asking Chinese companies to submit volume forecasts, amid ongoing export restrictions.
- Amid China’s demand, Nvidia ordered 300,000 H20 chips from TSMC last week, as the Trump administration's recent approval of H20 GPU sales to China remains unconfirmed.
- Market reports show Nvidia boosted H20 orders with TSMC before the April ban, as repair demand surged for other Nvidia GPUs in China.
- Following the order, U.S. legislators condemned giving China access to H20 chips, warning it could impede U.S. AI leadership, and the U.S. Department of Commerce has yet to approve the export licenses.
- Nvidia warned that losing market access could impede U.S. AI leadership, arguing that maintaining Chinese interest in H20 is vital to prevent developers switching to Huawei.
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NVIDIA (Nasdaq: NVDA) Just Got $25 Billion Worth of Good News
Key Points NVIDIA’s Market Impact: The recent approval for NVIDIA to sell H20 GPUs in China is projected to add approximately $5 billion in quarterly sales, potentially increasing annual revenue beyond $25 billion as AI demand grows. Strategic Shift in Tech Policy: The U.S. may be shifting from a strict tech embargo against China to a more strategic approach, using technology sales as leverage in negotiations over rare earth materials and othe…
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Total News Sources27
Leaning Left3Leaning Right1Center9Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 23%
C 69%
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