多家媒体报导，北京已批准向中国AI公司出售Nvidia H200晶片，规模达数十万（原文：hundreds of thousands），标志著一场关键的政策转折。根据Reuters，在Jensen Huang访中期间，中国在附带条件的许可下同意ByteDance、Alibaba与Tencent合计购买超过40万颗（原文：more than 400,000）H200，且未来数周可能还会有更多批准。

这些交易被描述为美国在过去一年内对中国晶片出口管制的「反转」。在Biden政府时期，美国以国安为由收紧对高阶AI晶片的出口限制，并阻止如H200等型号对中销售，以削弱北京训练具军事或敏感用途AI系统的能力；但在Trump政府下，Jensen Huang与白宫AI与加密「沙皇」David Sacks所主张的逻辑占上风：让中国获得部分美国AI晶片，比完全把庞大市场让给中国晶片商更有利，亦可在一定程度上维持对美国技术的依赖。白宫官员也以先进晶片持续走私作为限制「无效」的证据，主张有限且受监管的销售优于不透明的灰色市场；白宫发言人Kush Desai则称政府在不牺牲国安下致力维持「美国技术堆叠」的主导地位。

Georgetown安全与新兴科技中心研究员Samuel Bresnick指出，北京允许国内科技龙头在受控范围内取得H200算力，可同时达成两项目标：一方面支撑训练接近前沿（near-frontier）的模型、与OpenAI等美国实验室的最新能力对齐；另一方面透过严格控管采购对象，维持对Huawei等国产晶片的需求与对本土半导体生态的投资动机。Bresnick并认为，所谓让中国「被美国技术绑住」的构想并不成立，而华府在管制上反复摇摆所造成的讯号混乱，反而可能同时强化中国自研晶片的迫切性，却又在当下提供有限存取。

Multiple outlets report that Beijing has approved the sale of Nvidia H200 chips to Chinese AI firms, on the order of hundreds of thousands, marking a pivotal policy turn. Reuters says that during Jensen Huang’s visit, China granted conditional licenses allowing ByteDance, Alibaba, and Tencent to buy more than 400,000 H200s in total, with additional approvals expected in the coming weeks.

The reported deals are framed as a reversal in US chip-export policy over the past year. Under the Biden administration, Washington tightened controls and barred models such as the H200 from Chinese customers on national-security grounds, aiming to constrain Beijing’s ability to train powerful AI systems with military or other sensitive uses; under President Trump, a logic promoted by Jensen Huang and White House AI-and-crypto czar David Sacks has prevailed: letting China access some US chips is preferable to surrendering a major market to Chinese chipmakers and may keep Chinese firms partly dependent on US technology. Officials have also pointed to continued smuggling of advanced chips into China as evidence the restrictions were ineffective, arguing that limited, regulated sales beat an opaque gray market; spokesperson Kush Desai said the administration seeks dominance of the “American tech stack” without compromising security.

Georgetown’s Center for Security and Emerging Technology fellow Samuel Bresnick argues Beijing can pursue two goals at once by permitting limited H200 purchases: supply domestic champions with urgently needed compute to train near-frontier models comparable to the latest from OpenAI and other US labs, while tightly controlling who can buy Nvidia hardware so demand for Huawei chips stays high and incentives to build China’s domestic semiconductor ecosystem remain strong. He contends the idea of keeping China “hooked” on American technology is misguided, and that Washington’s policy whiplash sends mixed signals that may simultaneously accelerate China’s chip self-sufficiency while still granting it constrained access now.