Published July 15, 2025, by Reuters, Chinese companies, including ByteDance and Tencent, have already begun placing rush orders for Nvidia’s H20 AI GPUs—just days after Nvidia’s CEO, Jensen Huang, met with former President Trump and announced that export licenses would resume soon.

Once targeted by U.S. export controls last April, costing Nvidia an estimated $15 billion in revenue and forcing a $5.5 billion inventory write-off, the H20 chip is poised for re-entry into China’s booming AI market. Alongside the H20, Nvidia introduced a new RTX Pro GPU tailored specifically for China, designed to comply with U.S. regulations.

Expectations are high: resumption of sales could recover up to $20 billion in lost revenue, reinforce Nvidia’s dominance, and deepen China's AI capabilities, just as rival firms, including AMD’s MI308, begin their license applications.

Key Highlights

• Export resumes: U.S. greenlights Nvidia H20 chip sales to China

• Major buyers line up: ByteDance & Tencent gearing up for volume orders

• Financial stakes: $15 B previously lost, up to $20 B recovery anticipated

• New product: RTX Pro GPU built for China, regulatory-compliant

• Competitive ripple: AMD’s MI308 is also in the pipeline under license review

Why This Matters

1. AI hardware flow resumes: Re-enters the pipeline for Chinese innovation and capacity scaling.

2. Market impact: Validates U.S.–China détente trends and economic recalibrations.

3. Ecosystem reassertion: Nvidia's CUDA ecosystem remains preferred, despite budding domestic alternatives.

4. Revenue rebound: Major uptick expected in Nvidia’s Q3 earnings, with macro AI market implications.

Source:
Reuters– Full Article