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U.S. Opens Conditional Path for Nvidia H200 Exports to China as Beijing Tightens Gate

Beijing's new curbs, including a reported customs directive barring H200 entries, leave near-term shipments in doubt.

Overview

  • Commerce’s Bureau of Industry and Security shifted H200-class exports to case-by-case licensing, adding third‑party testing, proof of sufficient U.S. supply, buyer security attestations, and a ban on military use.
  • A new cap limits China-bound H200 shipments to no more than 50% of the total sold to U.S. customers, and exporters must certify China orders will not divert supply from American end users.
  • Reuters reports Chinese customs told agents Nvidia’s H200 chips are not permitted and officials instructed firms to buy only when “necessary,” with exemptions discussed for university and R&D use.
  • Chinese tech companies have reportedly ordered more than 2 million H200s against roughly 700,000 in Nvidia inventory, keeping volumes, timing, and enforcement outcomes uncertain.
  • The rule formalizes President Trump’s December policy shift; the document contains no mention of the 25% U.S. government fee he touted, and Nvidia says it does not require full upfront payment from Chinese customers.