Overview
- President Trump authorized controlled H200 shipments to vetted Chinese customers with a 25% payment to the U.S. Treasury.
- A Financial Times report says Chinese regulators are discussing an approval regime that would require buyers to justify purchases over local alternatives, with no final decision reported.
- Nvidia says three years of broad export controls have aided foreign competitors and cost U.S. taxpayers billions, and the company is working with the administration on licenses for vetted customers.
- White House AI adviser David Sacks said China is rejecting U.S. chips, later clarifying he was citing the FT report about potential purchase limits.
- Political pushback is building, including a bipartisan Safe Chips bill to halt any easing for 30 months and fresh criticism over security risks, while the Justice Department recently charged two men in an alleged $160 million H200 smuggling scheme for Chinese military use.