President Trump says that Nvidia can begin to sell its H200 chips to China, with 25% of proceeds going to US government
US President Donald Trump confirmed after the close on Monday that Nvidia will be allowed to ship its H200 chips to China, sending shares of the chip designer up more than 1% in the after-hours session.
Per the president, 25% of the proceeds will go to the US government. That’s a step up from the 15% that Nvidia and AMD had agreed to provide the government in exchange for receiving export licenses to sell their H20 and MI308 chips to China.
Earlier in the day, Semafor reported that the Department of Commerce would soon give the go-ahead to export these powerful chips produced by Nvidia to China, which has been a core priority of the chip juggernaut, citing a source with “knowledge of the plan.” Bloomberg reported on November 21 that such a move was being considered.
The chip designer’s stock surged on the news, while Advanced Micro Devices also caught a bid.
H200s are the most advanced chips from the Hopper line, which was Nvidia’s leading offering prior to Blackwell.
The Chinese government has blocked the import of less powerful chips such as the H20, while China hawks in Washington, DC, have been hesitant to allow the export of the defining technology of the AI era to a rival emerging superpower, introducing a bill in the Senate last week to limit China’s access to chips.
Nevertheless, China’s tech industry has managed to produce models from DeepSeek and Alibaba that compete globally.
Shipments of these chips are “reviving a key data-center revenue stream and potentially restoring $10-$15 billion annually,” wrote Bloomberg Intelligence analysts Kunjan Sobhani and Oscar Hernandez Tejada. “The H200 — offering 5-7x faster performance, 50% more memory, and over 2x the average selling price of the H20 — would likely become the highest-end GPU that Chinese buyers can legally procure, reopening a significant high-margin channel.”
H200s are the most advanced chips from the Hopper line, which was Nvidia’s leading offering prior to Blackwell.
The Chinese government has blocked the import of less powerful chips such as the H20, while China hawks in Washington, DC, have been hesitant to allow the export of the defining technology of the AI era to a rival emerging superpower, introducing a bill in the Senate last week to limit China’s access to chips.
Nevertheless, China’s tech industry has managed to produce models from DeepSeek and Alibaba that compete globally.
Shipments of these chips are “reviving a key data-center revenue stream and potentially restoring $10-$15 billion annually,” wrote Bloomberg Intelligence analysts Kunjan Sobhani and Oscar Hernandez Tejada. “The H200 — offering 5-7x faster performance, 50% more memory, and over 2x the average selling price of the H20 — would likely become the highest-end GPU that Chinese buyers can legally procure, reopening a significant high-margin channel.”
