Nvidia has not delivered any H200 AI chips to China as of May 15, 2026. Beijing continues to withhold necessary purchase approvals for approximately 10 Chinese firms. The U.S. government previously cleared these specific sales to proceed.
This stalemate concludes a high-stakes summit between U.S. and Chinese leaders attended by Nvidia CEO Jensen Huang. Beijing is reportedly blocking imports to prioritize domestic semiconductor development and technological self-sufficiency.
Nvidia warned that ongoing trade friction is eroding its dominance in the Chinese market. Investors are monitoring the negotiations for potential shifts in the global semiconductor landscape.