Although the U.S. government has set rather tight restrictions on the performance of AI GPUs that can be shipped to Chinese entities without an export license by the Department of Commerce's Industry and Security Bureau, Nvidia's latest offerings tailored for the country are still good enough to compete against China's domestic GPUs. As a result, the company will earn some $12 billion selling them to its Chinese customers, analysts believe, reports Financial Times.
Nvidia's HGX H20 GPUs are seeing strong demand in China. The company expects to ship over one million HGX H20 GPUs to China, significantly more than Huawei's anticipated Ascend 910B AI processor sales. According to FT, Huawei is projected to sell about 550,000 of its Ascend 910B in 2024, based on data from SemiAnalysis. Nvidia's HGX H20 GPUs are priced between $12,000 and $13,000 each, potentially generating over $12 billion in revenue, surpassing Nvidia's total China earnings from the previous year, which included sales to PC gamers and other products, based on data from analysts cited by the business daily.
