[News] NVIDIA H20 Sales Restart Sparks Buzz: Likely Inventory Sell-Off; New Blackwell GPU for China Expected

With the U.S. approving NVIDIA’s return to H20 sales in China, chatter among Chinese distributors is picking up. According to Cailian Press, the move mainly clears out existing H20 stock and won’t affect the launch of newer Blackwell-based GPUs in the second half of 2025.

Meanwhile, Reuters reports that major Chinese players like ByteDance and Tencent are already applying to buy H20 chips. NVIDIA has created a registration list for approved Chinese companies to express interest in future orders, the report adds.

Cailian reports that only existing H20 stock will be sold for now, with no new supplies planned. Major buyers must submit detailed BIS (Bureau of Industry and Security) license applications specifying quantities, and some are weighing risks by considering applications through IDC channels, as per Cailian.

Buzz Around H20 Pricing and Availability

According to sources cited by Cailian, even after the sales ban in April, H20 chips are still available on the market — though prices remain high. The report also notes that prices are expected to stay roughly the same once the ban is lifted.

On July 15, a server distributor told Cailian that the price for the H20 141G model without the IB (InfiniBand) card was 1.25 million yuan (RMB) — almost the same as in early March.

The report also highlights that NVIDIA holds $4.5 billion worth of H20 inventory—enough to cover China’s demand for an entire quarter. Meanwhile, the new B-series chips are set to launch as early as next quarter to bridge the gap, the report adds.

According to TrendForce, NVIDIA is expected to release a special low-power, downscaled version of the RTX PRO 6000 (formerly B40) for the Chinese market. This model will reportedly switch from the originally planned HBM memory to GDDR7, with a potential market debut as early as the second half of 2025.

For context, the H20 chip, designed specifically for China, debuted in 2024 and quickly gained strong interest. Cailian reports that prices dipped in late 2023 as supply steadied, but rebounded sharply in February as major players valued its balance of cost and compliance. By March, shortages and price spikes became widespread.

AMD’s MI308 Poised for Green Light

On the other hand, shortly after NVIDIA announced Washington’s green light to resume H20 chip sales in China, AMD confirmed it is following suit with its MI308 chips. The company told Tom’s Hardware that its export license applications are now moving forward, with approval expected. AMD plans to resume shipments as soon as the licenses are granted, the report notes.

After Trump’s ban in April, AMD confirmed it could face around $800 million locked in inventory, purchase commitments, and reserves—an impact now likely to reverse. Analysts reportedly say the policy change could help NVIDIA recover more than $10 billion in write-downs related to H20 chips, as a reference.

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• [News] NVIDIA’s China H20 Sales to Resume After U.S. Commitment, Samsung Poised to Gain from HBM3 Supply

(Photo credit: NVIDIA)