Just after the meeting, approval was granted for 10 Chinese companies—including Alibaba—to purchase NVIDIA’s H200 chips (with no deliveries made yet) 🚀

But this is not a full lifting of restrictions; it is a limited, controlled commercial loosening. Although the H200 is NVIDIA’s second-tier high-performance AI chip, the core logic of the U.S.’s 🇺🇸 chip export controls to China since 2022—preventing cutting-edge technology from helping military AI—has not changed. This license comes with clear limits and requires case-by-case review, showing that the U.S. is leaving some commercial room within its national-security red lines.

It’s clear that @nvidia is eager to open up the China market, because previously chips like the H100 were being held back, and major Chinese companies also need computing power to support cloud AI and model training—so the short-term interests of both sides overlap.

Among this are several underlying implications:
① For China-U.S. relations: Against the backdrop of a Trump–Xi meeting, this could be a signal of pragmatic compromise—economic interests and technological competition coexist, rather than a zero-sum decoupling.

② For China’s AI industry: A short-term boost—able to quickly help fill the computing-power gap; but each batch of 75,000+ units with no deliveries yet means the scale remains constrained. Meanwhile, China has already been pushing domestic alternatives such as Huawei Ascend, and in the long run it still needs to accelerate homegrown innovation.

③ For the global supply chain: NVIDIA’s share price has reacted only slightly, highlighting that China remains one of the world’s largest potential markets for AI hardware.

The good news is that the tech war has entered a new phase of controlled competition—both tightening bottlenecks and leaving openings. In the long run, whoever can truly master autonomous core technologies will hold the initiative. Look at this rationally: don’t overinterpret the headlines as they turn, and don’t underestimate the staying power required for a prolonged war.