China expected to approve H200 imports in early 2026, report claims — tech giants Alibaba and ByteDance reportedly ready to order over 200,000 Nvidia chips each if green-lit by Beijing

China is anticipated to approve the import of Nvidia H200 chips for its tech giants like Alibaba and ByteDance in early 2026, following President Trump's approval for export to China's Asian rival. The approval is expected to come with certain conditions, such as requiring companies to also purchase domestic chips. Despite being a generation behind the latest Blackwell AI GPUs, the H200 remains more powerful than Nvidia's H20 chips and China's current offerings. This move is seen as a significant opportunity for Nvidia to regain market share in China, which had plummeted due to trade tensions and bans on its products. The approval signals a potential thaw in U.S.-China relations and poses a dilemma for China in balancing the need for advanced chips with promoting its local semiconductor industry.