US Government Working on Nvidia Chip Permits

US Government Working on Nvidia Chip Permits
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The US government ramped up efforts to secure license applications for Nvidia to ship its H200 chips to China. However, the company’s CFO stated there was no timetable for approval.

NVIDIA CFO Colette Kriss told a JP Morgan analyst at CES 2026 that the company is seeing strong demand for the chips from China-based companies following US President Donald Trump's reversal of a ban in December. “We’re going to wait and see what happens,” Kress said of the applications.

Under the new arrangement, sales of the units to the country would be subject to a 25% levy by US authorities. Alibaba and TikTok-parent ByteDance are apparently among those keen to place large orders for the chips, but government officials in China have yet to approve the purchase of the chips by domestic companies. Access to the chips in China is likely to be limited by authorities in Beijing, as officials previously sought to pressure companies into using domestic alternatives.