U.S. trade official says 'very few' Nvidia H200 AI chips have been shipped to China

DETAILED EXPLANATION

Under Secretary of Commerce Jeffery Kessler told a House hearing that shipments of Nvidia's H200 AI chips to China have begun but remain a very small quantity against the export licenses issued so far. The licenses stem from President Trump's December decision to approve H200 sales to China, and roughly 10 Chinese firms were reportedly cleared to buy the chips earlier this year.

Confirmation that deliveries have restarted points to a potential new revenue stream for Nvidia as volumes scale up.