Nvidia 'disappointed' as China business falls flat amid geopolitical turmoil

Nvidia's (NVDA) China business faltered in the AI chipmaker’s third quarter as a trade war with the US rolled on. Nvidia recorded just $50 million in sales of its H20 chips — less powerful versions of its Hopper GPUs designed for the China market to comply with tightening US export controls — during the three months through Oct. 26. “Sizable purchase orders never materialized in the quarter due to geopolitical issues and the increasingly competitive market in China,” said Nvidia CFO Colette Kress during ...