US approves Chinese buyers for Nvidia H200 chips, but deals stall amid Beijing caution

1 min read
Source: CNBC
US approves Chinese buyers for Nvidia H200 chips, but deals stall amid Beijing caution
Photo: CNBC
TL;DR

The U.S. has cleared about 10 Chinese firms (including Alibaba, Tencent, ByteDance and JD.com) and several distributors to buy Nvidia’s H200 AI chips, with a cap of 75,000 chips per buyer, but not a single shipment has occurred as Beijing weighs security concerns and broader domestic AI ambitions while Nvidia’s Jensen Huang pursues a breakthrough during high-level talks between Trump and Xi.

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