SAN JOSE, Calif., March 17 (Reuters) – Nvidia is restarting production of a chip designed to comply with U.S. export restrictions to China, Chief Executive Jensen Huang said at a news conference on Tuesday.
The company last year halted production of the H200 chip, which was based on its aging Hopper technology, due to mounting regulatory hurdles in the U.S. and China, according to a report at the time.
Since then, Nvidia has received permission from the U.S. government to export the H200 and accepted orders, Huang said. This led to Nvidia starting to restart production a few weeks ago.
“Our supply chain is starting up,” Huang said.
Huang’s forecast of more than $1 trillion in revenue from the company’s Blackwell and Rubin AI chips by the end of 2027 does not include Chinese chip sales.
Blackwell and Rubin are Nvidia’s flagship AI chips, capable of building large language models that support chatbots such as OpenAI’s ChatGPT. The Blackwell chips are available for purchase, while the Rubin chips are Nvidia’s next-generation processors and are already in full production.
Huang’s $1 trillion estimate doesn’t include a range of the company’s other products, such as central processing units, a range of networking chips or upcoming chips based on technology it licensed from Groq. This estimate also does not include the Rubin variant called Rubin Ultra.
In December, Nvidia signed a deal to license Groq’s technology and hired many of the startup’s executives.
(Reporting by Stephen Nellis and Max A. Cherney in San Jose; Editing by Franklin Paul, David Gregorio, Rod Nickell)
