FT: US National Security Review Delays Nvidia H200 AI Chip Export to China - NVDA

[Para 1: The Lead] The US national security review has stalled the export of Nvidia's H200 AI chip to China, nearly two months after President Trump's initial approval. The delay impacts China's tech sector, as the chip was expected to reignite a $50 billion market. The review's outcome remains pending, affecting supply chain schedules and customer orders. [Para 2-3: Supporting details & Context] According to a source, due to the ongoing national security review by the US government, Chinese clients have postponed orders, waiting for the final export license and associated conditions. Last December, under CEO Jensen Huang's mediation, Nvidia secured approval to resume H200 chip exports to China. However, with cross-agency review ongoing, the implementation of the export has slowed significantly. Some suppliers have suspended production of critical components. The US Department of Commerce has completed its analysis, but the State Department, citing security concerns, is requesting stricter control measures. Competitor AMD is also subject to similar conditions for its chip exports.