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Nvidia forecasts $108B revenue, excluding China data center sales
Nvidia has issued a fiscal third-quarter revenue guidance of $108 billion, notably excluding any anticipated revenue from data center compute sales to China. This forecast follows a strong fiscal second quarter where the company reported $96.2 billion in revenue, a 106% year-over-year increase, driven largely by its data center business which generated $89 billion.
Despite China previously representing a significant portion of Nvidia's data center revenue, current shipments of advanced AI chips like the H200 to the region account for less than 1% of data center sales. This decline is attributed to strict U.S. export controls and local regulatory hurdles in China. While total revenue from China across all categories, including gaming and automotive chips, reached approximately $7.88 billion, the high-growth AI compute market remains effectively inaccessible.
An upcoming summit at the White House on September 24 between U.S. President Donald Trump and Chinese President Xi Jinping may influence future market conditions. Artificial intelligence is a primary topic on the agenda, and Nvidia CEO Jensen Huang is expected to attend the state dinner. Analysts suggest that if trade restrictions were eased, Chinese demand for H200 chips could represent nearly $30 billion in potential new revenue.
Entities
Donald Trump · Jensen Huang · Nvidia · White House · Xi Jinping
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Total revenue from China across all product categories was approximately $7.88 billion last quarter. www.fool.com · cryptobriefing.com
- [● 3 SOURCES] Nvidia's fiscal third-quarter revenue guidance of $108 billion assumes zero revenue from data center compute sales to China. www.fool.com · cryptobriefing.com · time.news
- [○ 1 SOURCE] Analysts estimate Chinese tech companies could purchase 1.5 million H200 chips if cleared, potentially generating $30 billion in revenue. time.news
- [● 2 SOURCES] Data center revenue reached $89 billion during the fiscal second quarter. www.fool.com · cryptobriefing.com
- [● 2 SOURCES] Nvidia reported $96.2 billion in revenue for its fiscal second quarter, representing a 106% year-over-year increase. www.fool.com · cryptobriefing.com
- [● 2 SOURCES] President Donald Trump and Chinese President Xi Jinping are scheduled to meet at the White House on September 24. www.fool.com · time.news
- [● 2 SOURCES] H200 chip shipments to China accounted for less than 1% of Nvidia's data center revenue in the last quarter. www.fool.com · cryptobriefing.com