Washington approved Nvidia H200 chip sales to China. Beijing blocked its own companies from buying them. Here is what the Trump-Xi summit actually resolved.

Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can train and run artificial intelligence systems.

Washington approved Nvidia H200 chip sales to China. Beijing blocked its own companies from buying them. Here is what the Trump-Xi summit actually resolved.

The chip was added to a list of banned goods at China’s customs checkpoints last Friday.

US chip giant reports 85% year-on-year rise in quarterly revenue amid surge in AI demand, but no revenue from H200 sales in China.

China stopped issuing import permits for Nvidia's RTX 5090D V2 on 15 May 2026, the same week CEO Jensen Huang was in Beijing alongside Donald Trump's state-visit delegation.

The lack of clarity illustrates how geopolitical tensions continue to impede the company’s access to one of the world’s largest AI markets even as global demand for its data…