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The United States approves 10 Chinese companies to purchase NVIDIA H200 chips, Jensen Huang visits China with Trump to seek breakthroughs
ME News Report, May 14 (UTC+8), despite NVIDIA CEO Jensen Huang visiting China with Trump to promote trade agreements, and the U.S. having approved about 10 Chinese companies such as Alibaba and Tencent to purchase up to 75k units of H200 chips through Lenovo and Foxconn, the deal has stalled due to strict conditions imposed by the U.S. including a 25% revenue sharing and transshipment through the U.S., coupled with the rapid rise of domestic Chinese AI chips (such as Huawei) and supply chain security reviews, leaving this industry giant, which once held 95% of the Chinese market share, in a deadlock. (Source: ME News)