Export Ban Limits NVIDIA China Sales as Huawei, Cambricon Raise Prices
Export controls bar NVIDIA from China’s data center compute revenue by cutting off direct HBM supply. Huawei and Cambricon instead source through third-country intermediaries, driving prices up sharply. NVIDIA’s Q2 revenue rose to $96.22B (+105.8% YoY) with Data Center at $89.02B, while China Hoppers stayed under 1% of that segment.