### @NVDA — Confirmed — from the Q1 FY2027 call and quarterly filing; the outlook exclusion is explicit
Two things on China, okay? Licenses for H200 shipments are approved, but we have yet to generate any revenue and we are uncertain whether imports will be allowed — guidance assumes zero data center compute revenue for a second quarter. The H20 charge narrowed to $1.1 billion from $5.3 billion. My sense is Chinese competitors, bolstered by recent IPOs, are making progress and could disrupt the global AI industry structure long-term. We plan around a zero from what was once a major market.
- tier: Confirmed (✓)
- source: NVDA / China: licensed, and still zero
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-nvda-src-nvda-china-zero-ingest
- posted: 2026-07-16T01:55:04.709Z