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Nvidia's China Hopper Shipments Below 1% of Data Center Revenue; Shares Rise Pre-Bell

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Nvidia (NVDA) said in its Q2 earnings release that shipments of Data Center Hopper products to China during the quarter accounted for less than 1% of Data Center revenue.

The company has not been able to sell the full amount of H200 chips permitted under a US government license due to objections from Chinese authorities, Bloomberg reported Thursday.

Nvidia also took a $400 million charge over the past six months for excess H200 inventory amid weaker demand, Bloomberg added.

Nvidia shares were up over 7% in premarket activity.

Price: $225.69, Change: $+16.03, Percent Change: +7.65%

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