The Nvidia H200 China deal survived the Trump-Xi summit–just not in the way anyone expected
President Trump flew to Beijing, brought Jensen Huang along at the last minute, and left two days later, telling reporters that "something could happen" on chip exports. Nothing did. Not a single Nvidia H200 has shipped to China since Trump first authorised the sales in December 2025, and US Trade Representative Jamieson Greer told Bloomberg that semiconductor controls were not even on the bilateral agenda.
The Nvidia H200 China deal survived the Trump-Xi summit–just not in the way anyone expected
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