The China risk factor now says NVIDIA is already effectively foreclosed from the China market, and that China's government has discouraged use of its data center products.
The Chinese government [removed] may also encourage customers to purchase from our China-based [removed] competitors, or impose restrictions on the sale to certain customers of our products, or any products containing components made by our partners and suppliers. [sentences omitted…] [removed] If the Chinese government [removed] modifies or implements the Action Plan in a way that effectively prevents us from being able to design products to meet the new standard, [removed] this may restrict the ability of customers to use some of our data center products and may have a material and adverse impact on our business, operating results and financial condition.
The Chinese government [added] has encouraged customers to purchase from our China-based [added] competitors and discouraged customers from purchasing, importing, or using our data center products, including any China-specific product designed to comply with U.S. export controls. [sentences omitted…] [added] Although we are already effectively foreclosed from the China market by U.S. export controls, if those controls changed to allow us to return to the market, the Chinese government [added] could modify or implement the Action Plan in a way that effectively prevents us from being able to design products to meet the new standard, [added] which may restrict the ability of customers to use some of our data center products and may have a material and adverse impact on our business, operating results and financial condition.