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China Curbs Approvals for Nvidia H200 Purchases, Company Denies Upfront-Payment Rule

Initial deliveries hinge on dual approvals with inventory far short of Chinese orders.

Overview

  • Chinese authorities told some tech firms purchases would be cleared only under “special circumstances,” such as university research, and urged buying only when “necessary,” The Information reported.
  • Nvidia said it does not require customers to pay in full before receiving H200 shipments, countering a Jan. 8 Reuters report about stricter payment terms for China orders.
  • Chinese companies have placed orders exceeding 2 million H200 units for 2026, versus roughly 700,000 in Nvidia’s current inventory, according to Reuters.
  • Nvidia has targeted a first China-bound batch before the mid-February Lunar New Year, roughly 40,000–80,000 chips, pending U.S. export licensing and Chinese import approval.
  • Taiwan’s TSMC is expected to increase H200 output beginning in Q2 2026, with Nvidia asking the foundry to boost supply, per recent reports.