Nvidia H200 approvals expand to three Chinese firms
- Three additional Chinese firms received U.S. approval to purchase advanced AI chips from Nvidia and AMD.
- Nvidia shares rose 1.37% to $206.32, while AMD gained 3.25% to $551.75.
- Chinese regulatory reviews may still delay deliveries despite the U.S. export licences.
Three Chinese firms received U.S. approval to purchase advanced AI chips from Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), expanding the licensed customer group.
The approvals follow clearances for around 10 Chinese companies, including Alibaba, Tencent, ByteDance and JD.com, although deliveries remained pending in May.
ZTE Kangxun, a unit of ZTE Corporation, and Maginfra can purchase H200 chips, while a Kingsoft (HKEX:3888) subsidiary can use competing AMD processors.
Some Chinese cloud companies have told partners they may soon receive H200 chips, but purchases remain subject to regulatory scrutiny in Washington and Beijing.
Following reports of the approvals, the Nvidia share price was up 1.37% at $206.32, while AMD rose 3.25% to $551.75.
The U.S. Bureau of Industry and Security began reviewing H200, AMD MI325X and comparable China export applications individually in January 2026.
China continues promoting domestic processors, creating uncertainty over whether U.S.-approved chip sales will proceed after export licences are issued.
