Nvidia's AI chip shipments to China reportedly fell 44% in the first half of 2026 as Huawei gained ground. Demand from US customers such as Meta and Oracle is growing at the same time.
Nvidia's AI chip shipments in China reportedly fell 44% in the first half of 2026. Huawei reportedly gained ground, and export rules complicated deliveries.
However, business with US customers is growing. Nvidia agreed to invest $3 billion in Meta's equity offering, and Meta plans to deploy more Vera Rubin systems, Vera CPUs, Spectrum-X networking and BlueField-4 technology. Oracle has also widened access to Vera Rubin NVL72 systems on its cloud, with more Rubin capacity planned.
Separately, Anthropic's IPO filing showed it uses chips from several suppliers, a trend that could weaken Nvidia's pricing power over time.
On the earnings side, Nvidia reported second-quarter revenue of $96.22 billion, up 105.9% from a year earlier. It has also approved a $150 billion share buyback.
Source: Coinpedia Fintech News
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