Nvidia Orders 300K Extra H20 AI Chips from TSMC Amid China Demand Boom

Nvidia has ordered 300,000 additional H20 AI chips from TSMC amid surging demand from Chinese firms like Alibaba and Tencent, exceeding expectations and supplementing 600,000-700,000 in inventory. This follows improved U.S.-China relations, enabling sales of the export-compliant chip. Analysts predict 1.8 million units needed in 2025, boosting Nvidia's revenue despite production hurdles.