Nvidia resumes H200 shipments to China, but volumes remain tiny

Nvidia has resumed shipments of its H200 AI accelerators to China, but the volumes are minimal, according to the company's quarterly report. The shipments accounted for no more than 1% of Nvidia's total server revenue, which reached $89 billion in the period. Nvidia excluded China from its current-quarter forecast of $108 billion due to geopolitical uncertainty. Nvidia wrote off $400 million in excess H200 inventory over six months as Chinese customers purchased fewer units than planned. China's overall revenue nearly doubled to $7.88 billion, including other non-restricted components.