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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