Nvidia has not yet sold its H200 AI chips to China, Lutnick says

Nvidia's H200 AI chips have not yet been sold to Chinese companies, according to Commerce Secretary Howard Lutnick, who said those firms are facing difficulty getting permission from the Chinese government. The update points to ongoing export-control and cross-border approval friction rather than a new commercial event. Market impact is likely limited to Nvidia sentiment and the broader AI supply chain.

Analysis

Nvidia's H200 AI chips have not yet been sold to Chinese companies, according to Commerce Secretary Howard Lutnick, who said those firms are facing difficulty getting permission from the Chinese government. The update points to ongoing export-control and cross-border approval friction rather than a new commercial event. Market impact is likely limited to Nvidia sentiment and the broader AI supply chain.