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  • 2 days ago
Nvidia is requiring Chinese buyers to pay upfront and waive cancellations for H200 AI chip orders as regulatory uncertainty in Beijing delays approvals, tightening terms amid demand that exceeds available inventory, according to Reuters.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA is requiring Chinese customers to pay in full upfront for orders of its H200
00:07artificial intelligence chips due to uncertainty over Beijing's approval of the shipments,
00:12according to Reuters. The company is enforcing terms that bar cancellations,
00:16refunds, or configuration changes after orders are placed. In limited cases,
00:22customers may use commercial insurance or asset collateral instead of cash.
00:26Chinese firms have ordered more than 2 million H200 chips priced at about $27,000 each,
00:33exceeding NVIDIA's inventory. China has asked some buyers to pause orders as regulators review
00:38approvals. Trump reversed a U.S. export ban last month, allowing H200 sales with a 25% fee.
00:45For all things money, visit Benzinga.com.
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