Jensen Huang Confirms Return of China Orders, Wells Fargo Estimates Nvidia (NVDA.US) Annual Revenue Could Gain $25 Billion Increment

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

Analyst Aaron Rex wrote in a client report: “We previously expected China to generate over $25 billion in incremental annual revenue and more than $0.60 in non-GAAP EPS per share. As a reminder, NVIDIA reported that H2 export restrictions caused approximately $4.6 billion (about 12%) and $4 billion (about 10%) of revenue impact in Q1 FY2026 (April 2025) and Q2 FY2026 (July 2025), respectively (the H2 export ban occurred in mid-April). NVIDIA previously indicated that the Chinese market accounts for 20% to 25% of its data center total revenue. We believe NVIDIA may point out that products will start being shipped to China from this quarter.”

In addition to shipping H200 GPUs to Chinese customers, it is reported that NVIDIA is also developing a Groq Language Processing Unit (LPU), which could be shipped to Chinese customers as early as next month. Rex added that, unlike the H200 (which is an improved version of the Hopper GPU sold in the US with lower performance), the Chinese version of the Groq LPU is unlikely to “reduce specifications” but rather “be adaptable to different system configurations.”

In December 2025, NVIDIA announced that it had obtained technology licensing for Groq and hired its founder as part of a $20 billion deal.