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TechUS clears NVIDIA to sell H200 AI chips to Alibaba, Tencent, and 8 other Chinese firms
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On May 14, 2026, Reuters reported that the US has cleared 10 Chinese companies, including Alibaba, Tencent, and JD.com, to purchase NVIDIA's second-most-powerful AI chip, the H200. Distributors like Lenovo and Foxconn are also approved. Each customer can buy up to 75,000 chips under US licensing terms. However, no deliveries have been made, and deals have stalled as Chinese firms pull back following guidance from Beijing authorities, who are pressuring to block or tightly vet orders to foster domestic industry. NVIDIA remains a leading AI chip supplier, but the situation is in limbo amid geopolitical tensions and trade restrictions.
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Author: Neha Gupta Read Time: 2 minutes
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NVIDIA Corporation (NASDAQ: NVDA) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 14, Reuters reported that the U.S. has cleared 10 Chinese companies to purchase NVIDIA’s second-most-powerful AI chip, the H200. However, the report indicates that no deliveries have been made so far, leaving the deal in limbo.
According to people familiar with the matter, Alibaba, Tencent, and JD.com are among the companies approved to purchase the H200 chips. A handful of distributors, including Lenovo and Foxconn, have also been approved. The report also indicates that buyers can purchase directly from the chip giant or through intermediaries. Each customer can purchase up to 75,000 chips under the U.S. licensing terms.
Amid the approval, deals for potential purchases have stalled as Chinese firms have pulled back following guidance from Beijing authorities. Pressure is mounting to block or tightly vet the orders as authorities look to foster their own domestic industry.
NVIDIA Corporation (NASDAQ: NVDA) is a leading technology company that specializes in designing and manufacturing Graphics Processing Units (GPUs), alongside developing software for artificial intelligence (AI), high-performance computing, and visualization. It is considered the backbone of the AI industry, providing the essential "mining equipment" (chips and software) needed to power the ongoing AI boom.
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