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Reuters exclusively revealed today the specific list and quotas for H200 chip trading in China. Currently, around 10 Chinese companies have been approved to purchase. The clearly listed buyers include Alibaba, Tencent, ByteDance, and JD.com; Lenovo and Foxconn have been approved as distributors. According to the license issued by the U.S. side, each customer may purchase up to 75,000 units.
However, not a single chip from this batch has been shipped yet. The Chinese side does not accept the Trump administration’s forced requirement that chips transit through the United States in order to extract a 25% fee. It is concerned this move would create security risks of hardware being tampered with, and has directly halted corporate procurement. To break the deadlock, NVIDIA CEO Jensen Huang temporarily accepted a Trump invitation midstream and joined the White House delegation to China that originally did not include him, trying to resolve the issue face-to-face during this week’s high-level meetings.