NVIDIA Says During H1, Incurred $0.4B Charge Associated With H200 For Excess Inventory & Purchase Obligations, As Demand For H200 Products Diminished
The U.S. government, or USG, granted licenses that would allow us to ship small amounts of H200 products to specific China-based customers, but such sales were restricted by the PRC government, and we have been unable
NVIDIA had to write down $0.4 billion because it made too many H200 computer chips and couldn't sell them all, especially to China where sales got blocked. When a company has extra stuff it can't sell, it's a sign they may have guessed wrong about what people wanted.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.