China plans to let top AI firms buy limited NVIDIA Corporation (NVDA) H200 chips, the Information reports

China plans to let top AI firms buy limited NVIDIA Corporation (NVDA) H200 chips, the Information reports Fatima Gulzar Tue, July 14, 2026 at 11:44 PM GMT+2 2 min read NVDA BABA We recently published Ray Dalio Stock Portfolio: 10 Best Stocks to Buy . NVIDIA Corporation (NASDAQ:NVDA) is one of Ray Dalio's best stocks to buy. On July 8, Reuters cited The Information report, citing two people with direct knowledge of the matter, that China is preparing to let leading domestic AI companies purchase a limited number of NVIDIA Corporation (NASDAQ:NVDA)'s Nvidia H200 chips.

Reuters said Chinese officials recently told Alibaba, ByteDance, and DeepSeek they could soon receive approval to buy the chips, sending NVIDIA Corporation (NASDAQ:NVDA) shares jumping by 1%. Beijing has not finalized the allocation. The Information said approvals could total fewer than 200,000 chips, less than half the volume companies requested earlier this year.

China plans to let top AI firms buy limited NVIDIA Corporation (NVDA) H200 chips, the Information reports Reuters said the US government has already cleared the AI chip giant to sell H200 chips to China and licensed about 10 Chinese companies to buy them. On the other hand, Chinese authorities have so far withheld approval while supporting domestic suppliers. Reuters also reported last month that the company told Chinese customers its new Vera AI data center processors could become available as early as August.

The potential policy move shows the computing capacity shortage facing China's AI industry, Reuters commented. NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and related multimedia applications. It works in the graphics processing unit and compute and networking divisions.

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