Nvidia shipped its first H200s to China and still forecasts zero data centre revenue there. Europe's answer is €30B of gigafactories, mostly unfunded.

Nvidia posted $96.2 billion in Q2 FY2027 revenue but recorded a $400M charge for excess H200 GPU inventory while one customer drove 16% of sales.

AI chipmaker upbeat on global demand, saying it expects revenue to grow by about 70 per cent in 2028 financial year.