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Economic news

News.az - Latest news from Azerbaijan US-Iran naval confrontation in Hormuz looms over failed Islamabad talks | News.az Russia readies first Yak-130M batch to intercept Ukrainian long-range drones | News.az Moscow and Kyiv trade blame over fresh wave of mutual strikes | News.az Nvidia-backed SiFive hits $3.65 billion valuation for open AI chips | News.az BYD sets Guinness Records, previews new EVs at MIAS 2026 | News.az Russian listed by Memorial as political prisoner goes on hunger strike | News.az US gas prices slide 2 cents to $4.14 a gallon | News.az Pilots' union calls strikes at Lufthansa on April 13, 14 | News.az US military says two of its ships transited the Strait of Hormuz | News.az US has agreed to unfreeze Iranian assets | News.az Malaysia warns of supply shortages as global tensions push up costs | News.az China hospital helps stroke patient walk using mind controlled rehab system | News.az How will Barcelona line up against Espanyol? | News.az China successfully launches test satellite for satellite internet technology support | News.az Iraqi parliament elects Nizar Amedi as country's new president | News.az India raises export duties on diesel, aviation turbine fuel | News.az Lebanese PM delays Washington trip | News.az Sources: Iran's new Supreme Leader has disfiguring injuries | News.az Iraq's Parliament convenes to elect new president | News.az Iran denies U.S. vessel crossed Strait of Hormuz | News.az Microsoft halts all carbon removal purchases | News.az BYD to install 6,000 flash chargers globally | News.az Sirens alert of drone attack from Lebanon in Western Galilee | News.az U.S. warships cross Strait of Hormuz for first time since Iran war started | News.az World Bank and IMF to host 2029 Annual Meetings in Abu Dhabi | News.az Pakistani and Iranian delegations meet for talks in Islamabad | News.az Ships sail through Strait of Hormuz as peace talks begin | News.az Israeli air attacks kill 10 in southern Lebanon | News.az US-Iran negotiations for permanent ceasefire start in Islamabad | News.az
US clears Nvidia H200 chip sales to 10 China firms | News.az
2026-05-14 · via Economic news

The United States has approved limited sales of Nvidia’s H200 artificial intelligence chips to around 10 Chinese companies, but no shipments have taken place so far, leaving the high-stakes deal in limbo amid ongoing US-China technology tensions.

The approved buyers reportedly include major Chinese tech firms such as Alibaba, Tencent, ByteDance and JD.com, according to sources familiar with the matter, News.Az reports, citing Reuters.

The decision also includes approval for intermediaries such as Lenovo and Foxconn to act as distributors under licensing terms.

Despite the green light from US authorities, Chinese firms have reportedly paused or slowed orders following guidance from Beijing, where regulators are increasingly cautious about reliance on foreign advanced semiconductor technology.

The H200 chip, produced by Nvidia, is one of the company’s most advanced AI processors and is central to global competition in artificial intelligence infrastructure.

Sources said each approved customer may be allowed to purchase large volumes of chips under strict licensing conditions, but regulatory and political hurdles on both sides have prevented any deliveries so far.

The situation highlights the growing complexity of US-China tech relations, where even approved exports remain subject to political friction, national security concerns, and competing industrial strategies.

US officials have argued that export controls are necessary to protect American technological leadership, while critics warn that such restrictions could reshape global AI supply chains and accelerate China’s push for domestic chip alternatives.

Nvidia CEO Jensen Huang is currently seeking to advance discussions in China as the company tries to maintain access to one of its most important long-term growth markets, but the outcome remains uncertain.

News.Az 

By Aysel Mammadzada