China Gives Nod To Import First Batch Of Nvidia's H200 AI Chips: Report

China has reportedly given the green light for the first batch of Nvidia Corporation‘s (NASDAQ:NVDA) H200 artificial intelligence chips to be imported into the country.

Initial approvals were mainly granted to three major Chinese internet firms, while other companies await later clearances; the recipients were not named, Reuters reported on Wednesday.

It is unclear how many more companies will be approved in later rounds or what criteria Beijing is using to decide eligibility, according to the report.

Nvidia did not immediately respond to Benzinga‘s request for comment.

The approval, covering several hundred thousand H200 chips, was granted during Nvidia CEO Jensen Huang's recent trip to China. Huang is in China to kick off the company’s annual celebrations, ahead of the mid-February Lunar New Year. Previous reports suggested that he was expected to meet prospective ...