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US government imposes a 25% revenue-sharing fee on NVIDIA H200 exports to China, a 10% increase over the 15% rate for the H20.

Monday, December 8, 2025 at 10:10 PM

Reports confirm that the U.S. government's export license conditions for the NVIDIA H200 sold to China include a 25% revenue share fee, which is 10 percentage points higher than the 15% fee previously set for the NVIDIA H20 chip. This concrete change in regulatory costs is expected to affect the final pricing and competition with domestic Chinese AI accelerators.

Context

The US government, under President Donald Trump, has approved NVIDIA to export its H200 artificial intelligence chips to "approved customers" in China, effective December 8, 2025. This marks a significant recalibration of Washington's technology controls. A 25% revenue-sharing fee will be imposed on these sales for the US government, representing a 10% increase from the 15% fee previously applied to the less powerful H20 chips. This increased revenue share is intended to "reinvest in American innovation," "protect National Security," and "create American Jobs." The H200 is considered more capable than the H20 but still falls below NVIDIA's most advanced AI systems, reflecting a strategic "middle path" by the US administration to balance commercial interests with national security. This policy shift is expected to have notable implications for NVIDIA's revenue streams, potentially unlocking access to a market that previously accounted for 26% of its revenue. Similar arrangements are anticipated for other chipmakers like AMD and Intel, signaling a broader trend in the semiconductor industry's engagement with China.

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