Jensen Huang confirmed the return of orders from China, and Wells Fargo estimates that NVIDIA's annual revenue is expected to gain an incremental $25 billion

According to the Zhitong Finance APP, after NVIDIA (NVDA.US) CEO Jensen Huang revealed that the company has received purchase orders from Chinese customers, Wells Fargo believes that China could provide a significant boost to this tech giant.

Analyst Aaron Rakes wrote in a report to clients: "We previously estimated that China could bring in over $25 billion in incremental revenue annually, as well as more than $0.60 in non-GAAP earnings per share (EPS). As a reminder, NVIDIA reported that the H20 export controls impacted revenue by approximately $4.6 billion (about 12%) in the first quarter of fiscal year 2026 (April 2025) and approximately $4 billion (about 10%) in the second quarter of fiscal year 2026 (July 2025) (the H20 export ban occurred in mid-April). NVIDIA previously indicated that the Chinese market accounts for 20% to 25% of its total data center revenue. We believe NVIDIA may indicate that products will start being sold to China from this quarter."

In addition to shipping H200 GPUs to Chinese customers, it has been reported that NVIDIA is also developing a Groq Language Processing Unit (LPU), which could be shipped to Chinese customers as early as next month. Rakes added that, unlike the H200 (which is a modified version of NVIDIA's Hopper GPU sold in the U.S. with lower performance), the Chinese version of the Groq LPU is unlikely to "downgrade specifications" but will "be able to adapt to different system configurations."

NVIDIA announced in December 2025 that it had acquired the technology licensing from Groq in a deal worth $20 billion and hired its founder