In a significant development for the tech industry, China has approved its largest tech companies to import Nvidia’s H200 artificial intelligence chips. This decision marks a pivotal shift as Beijing attempts to balance its burgeoning AI demands with the growth of its domestic semiconductor industry. Major players like ByteDance, Alibaba, and Tencent are set to acquire over 400,000 H200 chips, signaling a strong appetite for advanced AI capabilities in the region.