China is set to restrict access to Nvidia’s advanced H200 artificial-intelligence chips, despite U.S. President Donald Trump recently approving their export.
According to the Financial Times, the restrictions will allow only limited access to the H200 chips, potentially undermining Nvidia and other U.S. chipmakers’ efforts to regain strong sales in a crucial market.
The U.S. export approval includes conditions: shipments to “approved customers” in China are subject to a 25 per cent surcharge. Analysts caution that this may have limited impact unless additional chip lines, including Nvidia’s higher-end Blackwell and upcoming Rubin series, are also cleared for export.
Also Read:Â China Bans Foreign AI Chips in State-Funded Data Centres
Following the report, Nvidia shares trimmed earlier gains, ending the session modestly higher.
Observers say Beijing’s move signals that, even with Washington’s approval, Chinese authorities prefer a controlled approach to advanced AI hardware, likely aimed at safeguarding national security and boosting local semiconductor development.
