US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough: Reuters
The approvals cover up to 75,000 chips per customer, but Chinese firms have paused orders after Beijing raised security concerns.
- On Thursday, May 14, 2026, the US Commerce Department cleared around 10 Chinese firms to purchase Nvidia H200 AI chips, with CEO Jensen Huang joining President Donald Trump in Beijing for the announcement.
- Before US export curbs tightened, Nvidia commanded about 95% of China's advanced chip market, though Beijing now fears imports could undermine a strategic push to develop homegrown artificial intelligence technology.
- Although cleared for purchase, not a single delivery has occurred as Chinese firms pulled back following guidance from Beijing, while Trump negotiated a structure requiring the US to receive 25% of the revenue from these chip sales.
- US rules issued in January require buyers to demonstrate "sufficient security procedures" to prevent military use, and Commerce Secretary Howard Lutnick noted that Beijing prioritizes investment in their own domestic industry.
- Tech rivalry continues to snarl trade, leaving the world's most valuable chipmaker caught between conflicting national priorities; analysts expect the summit to act as a tactical catalyst for Chinese equities.
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Business TimesUS clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
The US has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as...
Exclusive: US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week.
The US Commerce Department has approved about ten Chinese companies – including Alibaba, Tencent, ByteDance and JD.com – to buy Nvidia's H200 chips - Distributors such as Lenovo and Foxconn have also received approvals
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