- NVIDIA is reportedly pitching its new Vera AI processors to Chinese clients to revive stalled sales in the region.
- At least one major Chinese cloud company plans to order over 300 servers with dual Vera CPUs.
- Retail sentiment on Stocktwits for Nvidia stock has deteriorated to ‘extremely bearish’ amid its underperformance versus peers.
- The company expects $20 billion in revenue from Vera chip sales by the end of its fiscal year in January.
In a significant move to reclaim its Chinese market share, Nvidia is actively pitching its new Vera AI accelerator chips to clients in the region, China/nvidia-begins-vera-cpu-sales-pitch-chinese-clients-sources-say-2026-06-12/”>according to reports. At least one major Chinese cloud company plans to place an order for more than 300 servers, each containing two Vera CPUs, with the processors set to be available from August. Consequently, this swift pivot to a new product line reflects Nvidia‘s urgent need to counteract a sharp decline in its China business.
Previously, CEO Jensen Huang stated the company’s revenue from China has effectively dropped to zero. This is a stark contrast to its 2024 peak of $25 billion in sales from the region. Consequently, the outreach for Vera chips follows months of stalled shipments of its second-most advanced AI chip, the H200.
Meanwhile, the Vera line is Nvidia‘s first standalone CPU built for agentic AI and the successor to its Blackwell processors. A single Vera processor will reportedly cost “well north” of $20,000 before bulk discounts. Nvidia expects to generate $20 billion in revenue from Vera chip sales by the end of its fiscal year.
However, retail investor frustration is mounting as Nvidia stock underperforms its peers. On Stocktwits, sentiment dropped to ‘extremely bearish’ from ‘bearish,’ with one trader questioning, “Someone explain why this stock is so dead.” This sentiment persists despite the stock’s 0.3% gain in early Friday premarket trading.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
