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Trump Approves Limited Nvidia H200 Exports to China With 25% U.S. Cut

Commerce will vet buyers with a 25% levy collected during U.S. inspection, leaving demand uncertain as Beijing weighs its own limits.

Overview

  • The policy permits H200 sales to approved Chinese customers while keeping Nvidia’s newer Blackwell and Rubin chips off-limits, with a similar framework planned for AMD and Intel.
  • Reporting from officials indicates the U.S. share would be collected as an import tax when Taiwan-made chips route through the United States for Bureau of Industry and Security review before re-export.
  • China previously discouraged purchases of Nvidia’s downgraded H20, and the Financial Times reports regulators are considering an approval process that could restrict H200 access.
  • Nvidia welcomed the decision as a balance between competitiveness and security, while bipartisan lawmakers warned the move could aid Chinese military and cyber capabilities and signaled potential legislative responses.
  • U.S. prosecutors said they disrupted a China-linked smuggling network moving more than $160 million in restricted Nvidia chips, underscoring enforcement and leakage risks even as new rules are crafted.