US approves NVIDIA H200 chip exports to China
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U.S. President Donald Trump issued a proclamation on Wednesday imposing a 25% tariff on certain high-end chips, including Nvidia's ( NVDA) H200 and AMD's ( AMD) MI325X.
Early indications are that demand for H200 chips has been strong from Chinese customers, but whether that will last is debatable.
Nvidia refutes the claim from some sources that it's requiring Chinese customers to pay for their H200 orders upfront while still awaiting final approval from Beijing.