China has given approval for three of its largest tech companies to buy Nvidia’s H200 chips, reports Reuters, citing four people familiar with the matter.
ByteDance, Alibaba and Tencent have been approved to purchase more than 400,000 H200 chips in total, with other firms now joining a queue for subsequent approvals, the sources said, speaking on condition of anonymity.
The Chinese government is only granting approvals with conditions and the sources said they were still being decided upon. A fifth source said that the licenses were too restrictive and customers were not yet converting the approvals to purchase orders. The regulatory nods were granted during Nvidia CEO Jensen Huang’s visit to China this week, one of the sources said.