高盛：英伟达-关于对中国出口 H20 管制潜在放宽的初步看法

On July 14th, Nvidia published a blog post (here) stating that Nvidia has received assurance from the U.S. government that it will provide the company with the required licenses to sell Hopper (H20) GPUs in China, reversing a previous ban. For more context, recall that Nvidia had announced a $4.5bn charge associated with H20 inventory write-downs and purchase obligations, and a $2.5bn revenue impact in its FY1Q'26 CFO commentary (here) as the U.S. government effectively banned the shipment of H20 into China ...