China will restrict access to Nvidia chips despite Trump's approval of exports - FT
Nvidia shares went from rising on the premarket to falling 0.2-0.3% after the FT publication
Beijing intends to restrict access to advanced AI chips Nvidia H200, despite the decision of US President Donald Trump to allow the export of this technology to China. This is reported by the Financial Times with reference to two sources familiar with the situation.
Details
According to the newspaper's interlocutors, PRC regulators are discussing "the possibility of limited access to the H200" in China, Nvidia's second generation of artificial intelligence chips. At this stage, those discussions suggest that buyers of the chips in the PRC would likely need to go through a "purchase approval process." This would require them to submit purchase requests for Nvidia chips, while explaining why they need U.S. chips specifically and why Chinese suppliers have been unable to meet their needs.
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