China Halts Nvidia H200 Chip Orders Amid US Tech Tensions

• China reportedly asked tech firms to halt orders for Nvidia's H200 AI chips this week.
• Beijing plans to mandate domestic AI chip purchases, aiming to reduce reliance on US technology.
• The move highlights ongoing US-China tech tensions, with semiconductors as a strategic flashpoint.
• Nvidia CEO Jensen Huang noted strong demand for H200 in China, despite the directive.
• Previous US administration approved H200 exports to China with a 25% revenue-sharing tax.

Why It Matters: China's directive to halt Nvidia H200 chip orders intensifies US-China tech rivalry.