Nvidia's ByteDance AI Chip Deal Stalls Over US Conditions, KYC Requirements

• Nvidia's sale of H200 AI chips to ByteDance is conditional on terms set by the Trump administration, which Nvidia has not yet fully accepted.
• The US government approved the license two weeks ago but Nvidia disputes the Know-Your-Customer (KYC) requirement aimed at preventing military access.
• Nvidia is negotiating with the US over license terms for shipping H200 AI chips to Chinese companies, including ByteDance, Tencent, Alibaba, and Deepseek.
• Nvidia states it's an intermediary, emphasizing that conditions must be commercially practical to prevent customers from seeking foreign alternatives.
• The situation highlights the ongoing US-China tech war, with concerns from US 'China hawks' about national security and potential military use of the chips.