Nvidia faces a significant setback in China as customs officials block H200 AI chip imports, prompting component suppliers to halt production. Despite US approval, Chinese authorities have reportedly implemented a ban, catching Nvidia off guard. Chinese tech giants, pressured to favor domestic alternatives like Huawei’s Ascend, are also canceling orders, creating substantial uncertainty for the chipmaker’s market entry. Nvidia faces a significant setback in China as customs officials block H200 AI chip imports, prompting component suppliers to halt production. Despite US approval, Chinese authorities have reportedly implemented a ban, catching Nvidia off guard. Chinese tech giants, pressured to favor domestic alternatives like Huawei’s Ascend, are also canceling orders, creating substantial uncertainty for the chipmaker’s market entry.
