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Chinese authorities approve Nvidia's H200 AI chip sales, source says

News Snapshot:

NEW YORK, USA – Chinese authorities have granted approval for multiple Chinese companies to purchase H200 AI chips from Nvidia, according to a person familiar with the situation. Earlier on Tuesday, March 17, Nvidia CEO Jensen Huang said at a press conference in San Jose, California that the semiconductor company had been licensed for “many customers in China” for the H200, and had received purchase orders from “many” companies. Nvidia had been waiting for licenses from both the US and China for months. The chipmaker has received some US approvals, and the source said it had now also received licenses…

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