Three Chinese Firms Including ZTE Approved to Purchase NVIDIA H200 and AMD AI Chips

ZTE-0.56%
NVDA2.65%
AMD5.39%

According to Reuters on July 14, three Chinese enterprises—ZTE Kangxun Telecom (a subsidiary of telecom equipment maker ZTE), Maginfra (a server manufacturer), and a Kingsoft Cloud subsidiary—have been approved by the U.S. to purchase NVIDIA H200 and AMD advanced artificial intelligence chips, according to documents and two informed sources.

ZTE Kangxun and Maginfra gained approval to buy NVIDIA H200 chips, while Kingsoft Cloud's Zhuhai Hengqin Yunxiang Zhisheng subsidiary was cleared to use certain AMD chips with performance comparable to H200. The approvals expand the known list of Chinese firms permitted to acquire advanced AI semiconductors amid ongoing U.S. restrictions on exporting cutting-edge computing capabilities to China.

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