The U.S. Commerce Department has approved around 10 Chinese companies including Alibaba, Tencent, ByteDance and JD.com to purchase Nvidia’s H200 chips, according to the sources, who spoke on condition of anonymity due to the sensitivity of the matter. A handful of distributors including Lenovo and Foxconn have also been approved, they said. Buyers are permitted to purchase either directly from Nvidia or through those intermediaries and each approved customer can purchase up to 75,000 chips under the U.S. licensing terms, two of them said.
Despite U.S. approval, deals have stalled, as Chinese firms pulled back after guidance from Beijing, one source said. The shift in China was partly triggered by changes on the U.S. side, though exactly what changed remains unclear, the person added. In Beijing, pressure is mounting to block or tightly vet the orders, a separate fourth source said. Commerce Secretary Howard Lutnick echoed that view, telling a Senate hearing last month that “the Chinese central government has not let them, as of yet, buy the chips, because they’re trying to keep their investment focused on their own domestic industry.”
