NVIDIA will begin shipping H200 chips to approved Chinese customers in mid-February 2026. The initial rollout precedes the Lunar New Year holiday. Shipment volume is projected between 40,000 and 80,000 units. These units represent an estimated value of $1.28 billion to $2.56 billion for Q1 FY2027. Alibaba, ByteDance, and Tencent are driving strong demand for the hardware. NVIDIA plans to expand production capacity to meet additional orders in Q2.
NVIDIA stock closed at $190.05 on February 11, 2026, marking a 0.80% gain. Shares rose an additional 0.29% to $190.61 in after-hours trading. The price movement aligns with modest futures gains during a period of quiet macroeconomic news. Analysts project earnings per share to reach $7.52 for 2026. The median price target for the stock remains at $250.
NVIDIA will report Q4 earnings on February 25. The earnings call may provide further updates on the China shipment strategy.