Overview
- Washington is considering restricting each Chinese buyer to 75,000 Nvidia H200 units with AMD’s MI325 counted toward the same cap, according to multiple reports.
- Total AI accelerator exports to China could still approach about one million units overall, but per-customer limits would curtail allocations to the largest firms.
- Nvidia’s CFO said approvals to date have produced minimal revenue and the company still does not know whether it will be allowed to ship AI chips to China.
- Nvidia has reportedly redirected TSMC capacity from H200s intended for China to its newer Vera Rubin processors after stalled approvals, with roughly 250,000 H200s produced versus expectations of over one million and a $4.5 billion charge tied to surplus and commitments.
- Beijing has permitted a first batch of roughly 400,000 H200 orders for Alibaba, ByteDance and Tencent as it promotes domestic chipmakers, while added U.S. security reviews have delayed some exports.