In Reply to: Re: Sales to China were never going to be in Q2 earnings posted by money on August 28, 2025 at 11:48:42
The 15% extortion was the solution to Trumps restrictions that prevented them from shipping. the CFO explained the entire thing on the call
Nvidia (NVDA) said Wednesday that the US government has not finalized a recent agreement that would require the AI chipmaker to share 15% of the revenue from sales of its H20 chips to China in exchange for export licenses.
“[US government] officials have expressed an expectation that the USG will receive 15% of the revenue generated from licensed H20 sales,” Nvidia CFO Colette Kress said in a call following Nvidia’s second quarter earnings results. “But to date, the USG has not published a regulation codifying such a requirement.”