Nvidia Hasn't Sold a Single H200 Chip to China Despite Trump OK
Two months after Trump greenlit AI chip exports to China, Nvidia's H200 sales there remain at exactly zero.
Here's a fun stat: zero. That's how many H200 chips Nvidia has sold to China since President Donald Trump opened the door to AI chip shipments two months ago.
A top US export control official confirmed the goose egg, raising questions about what's actually happening on the ground versus what policy allows on paper.
Trump's decision to permit AI chip exports to China was seen as a significant shift. But having the green light and actually moving product are clearly two very different things.
Whether the holdup is bureaucratic friction, Nvidia playing it cautious, or Chinese buyers looking elsewhere remains unclear. What is clear: the policy change hasn't translated into silicon crossing borders.
For Nvidia, China once represented a massive revenue stream. Right now, the H200 pipeline there is bone dry.