Nvidia says no upfront payment needed for H200 chips – report

  • Nvidia (NVDA) does not require upfront payment for H200 chips, a spokesperson for the U.S. chipmaker said in a statement to Reuters on Tuesday.
  • The company said it “would never require customers to pay for products they do not receive”, in a response to a Reuters story on January 8 about the company having imposed unusually stringent terms requiring full upfront payment from Chinese customers seeking its artificial intelligence chips.
  • According to one of the sources, Nvidia’s standard terms for Chinese clients have previously included advance payment requirements, but they were sometimes allowed to place a deposit rather than make a full payment upfront.
  • But for the H200, the company has been particularly strict in enforcing conditions given the lack of clarity on whether Chinese regulators would greenlight the shipments, the person added.

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