Chinese tech giants secured NVIDIA H20 shipments worth billions ahead of US sanctions: report · TechNode

Trump pushing China toward AI processor self-sufficiency

China’s stockpile of Nvidia H20 artificial intelligence (AI) processors is likely to run out in about a year now that sales to Chinese customers have been banned by the Trump administration, according to the assessment of several market analysts. Chinese tech giant Huawei thus must ramp up production of its new Ascend 910C alternative as […] The post Trump pushing China toward AI processor self-sufficiency appeared first on Asia Times.

Chinese tech giants secured NVIDIA H20 shipments worth billions ahead of US sanctions: report · TechNode

Before the US announced new sanctions on NVIDIA chips earlier this month, Chinese tech giants Alibaba, Tencent, and ByteDance had placed orders totaling $12 billion for NVIDIA’s H20 chip, according to Japanese media outlet Nikkei Asia. Sources say several billion dollars’ worth of the chips had already been shipped to China before the supply disruption caused by the April sanctions. The three firms reportedly secured one million H20 chips. Howev…

News from HD Technology. Visit www.hd-tecnologia.com for the latest news. In an advance move to restrictions imposed by the U.S. government, Chinese technology companies Alibaba, Tencent and ByteDance made massive orders from NVIDIA’s GPU H20, accumulating chips worth more than $12 billion. These chips, key to the development of artificial intelligence, were then restricted by U.S. sanctions, resulting in a projected loss of $55 billion for the …

Nvidia Chip Stockpiling Frenzy: What’s Really Going On? - Wall Street Pit

ByteDance, Alibaba, and Tencent stockpiled billions of dollars’ worth of Nvidia’s H20 AI chips last year, anticipating U.S. export controls that halted shipments in April, as reported by Nikkei Asia. The H20 GPU, designed for China to comply with U.S. restrictions, supports critical AI applications, enabling these firms to sustain…

Chinese firms reportedly stockpile Nvidia's AI chips to thwart import ban

Last Updated on April 24, 2025 Chips produced by Nvidia are in high demand in the growing AI industry. As China faces import restrictions, several large Chinese companies have stockpiled Nvidia H20 GPUs to supply the local industry. From April, the US government banned the export of Nvidia H20 HGX AI GPUs to China. However, ...

Chinese companies stockpiled billions of dollars worth of Nvidia H20 GPUs prior to recent ban

China's top three internet companies allegedly have stockpiled around 1 million H20 AI GPUs in anticipation of U.S export bans that took place earlier this month.