GPU giant sees yet more growth coming soon, most of it in the datacenter

Nearly three months after the Trump administration allowed Nvidia to sell its H200 accelerator in China, the GPU giant is still waiting for Beijing to allow them in and for any revenue to materialize.

CFO Colette Kress isn't counting on the situation to improve any time soon either. The company's Q1 2027 revenue forecast doesn't account for a single cent of Chinese datacenter revenues.

In early December, the Trump administration reversed an export ban restricting the sale of Nvidia's H200 accelerators to Chinese customers, in exchange for a 25 percent cut of the revenue from sales. The 2023-vintage chip remains one of the GPU giant's most potent AI accelerators.

"While small amounts of H200 products for China based customers were approved by the US government, we have yet to generate any revenue, and we do not know whether any imports will be allowed into China ...