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China clears Nvidia H200 chip buys
Financial Express Chandigarh
|January 29, 2026
CHINA HAS GIVEN the green light to three of its largest tech companies to buy Nvidia's H200 artificial intelligence chips, four people familiar with the matter told Reuters, marking a shift in position as Beijing seeks to balance its AI needs against spurring domestic development.
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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.
This story is from the January 29, 2026 edition of Financial Express Chandigarh.
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