Nvidia says no upfront payment needed for its H200 chips

Nvidia does not require ‍upfront payment for ​H200 chips, a spokesperson for the ⁠U.S. chipmaker said in a statement to Reuters on Tuesday.

The company said it “would never require customers ‌to pay ‌for products they do not receive”, in a response ‌to a Reuters story on January 8 about the company having imposed unusually stringent terms requiring full upfront payment from Chinese customers seeking its artificial intelligence chips.

One ​source told Reuters that Nvidia’s standard terms ‌for ‍Chinese clients have previously included ‍advance payment requirements, but they were sometimes ‌allowed to place a deposit rather than make a full payment upfront.

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