PANews, May 14: According to Reuters, the United States has approved approximately ten Chinese companies to purchase NVIDIA H200 AI chips, with approved entities including Alibaba, Tencent, ByteDance, and JD.com, as well as distributors such as Lenovo and Foxconn. Under the license terms, each approved customer may purchase up to 75,000 H200 chips, though no actual deliveries have yet been made. The report states that NVIDIA CEO Jensen Huang is currently in Beijing this week accompanying U.S. President Trump, seeking to break through restrictions on H200 sales to China. However, due to regulatory constraints from both the U.S. and China, as well as China’s push toward domestic AI chip self-reliance, these transactions remain stalled.
The U.S. approves 10 Chinese companies to purchase NVIDIA H200 AI chips
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Summary
The U.S. has approved 10 Chinese companies, including Alibaba and Tencent, to purchase NVIDIA H200 AI chips. Lenovo and Foxconn are also authorized. Each company may buy up to 75,000 units, but no shipments have occurred yet. NVIDIA CEO Jensen Huang is in Beijing to promote sales, though regulatory hurdles persist. Traders should evaluate the risk-to-reward ratio and monitor support and resistance levels in related technology stocks. Domestic development of AI chips in China continues to gain momentum.
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