Nvidia H200 chip shipments to China remain limited, official says
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EPS Growth %: +100.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: +100.0%
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Investing.com -- A senior U.S. government official told lawmakers Tuesday that Nvidia Corp has shipped minimal quantities of its H200 chips to China and Hong Kong.
Jeffrey Kessler, under secretary of commerce for industry and security, informed a U.S. House committee that shipments of the H200 chip have started but remain at "very few" units.
In May, the Commerce Department authorized approximately 10 Chinese companies to purchase Nvidia's H200, the company's second-most powerful artificial intelligence chip. At that time, no deliveries had occurred.
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