ByteDance, Alibaba, and Tencent have reportedly placed over $16 billion in orders for $NVDA's H20 AI chips this quarter, per The Information. The sudden demand surge comes as the Trump administration weighs a potential ban on the H20—currently the most advanced AI chip Nvidia can still export to China under existing rules.
The company now faces a tight delivery window before new restrictions may kick in. China accounted for 13% of Nvidia’s revenue last year.
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