# Nvidia restarts China sales: H200 cleared with a 25% US cut, flow still thin
> Jensen Huang says orders are in and manufacturing is 'restarting'; BIS revised the license policy, but as of mid-2026 only a small number of H200s have actually shipped

**Meta:** type: story · date: 2026-03-17 · heads: Quién decide, El dinero de quién · 9 takes · 3 lenses · 3 regions

## Summary

[Washington](/es/entity/united-states) has loosened the export line for [Nvidia](/es/entity/nvidia) in [China](/es/entity/china):
Commerce/[BIS](/es/n/fable5-ai-export-controls) revised its license-review policy and the
administration cleared the more capable H200 for China, conditioned on the US taking a 25%
cut of those sales. CEO Jensen Huang says Nvidia has received China purchase orders and is
"restarting" manufacturing, with preparations to ship on the order of 82,000 H200 GPUs.
But the flow is thin: as of mid-2026 only a "small number" of H200s had been approved, and
Nvidia still books zero China data-center compute in its
[guidance](/es/n/nvidia-q1-fy27-record-data-center). This reverses the earlier
[standoff](/es/n/h200-china-export-standoff) without resolving it, Beijing's own posture and
licensing pace remain the gates.

## By the numbers

- 25%, US revenue cut on cleared H200 China sales.
- ~82,000, H200 GPUs Nvidia is reported preparing for China.
- "Small number", H200 units actually approved as of mid-2026.
- $0, China data-center compute in Nvidia's current outlook.

## Why it matters

China is the largest single piece of upside Nvidia leaves on the table. A revenue-sharing
export regime is a novel instrument, taxing strategic exports rather than banning them, 
and how fast volume actually flows, plus whether Beijing steers buyers to domestic chips,
will move both Nvidia's numbers and the chip-war trajectory.

## What to watch

- Actual H200 shipment volume versus the ~82,000 prepared.
- Beijing's signals on buying US chips vs. Huawei/domestic alternatives.
- Whether any China revenue re-enters Nvidia's guidance.

## Regional takes (batched by bias / lens)

### unlabelled
- **US Bureau of Industry and Security (BIS)** (United States, en) — Commerce/BIS press release revising the license-review policy for semiconductors exported to China, the regulatory record enabling Nvidia's restart of China-bound shipments under conditions.
  Source: https://www.bis.gov/press-release/department-commerce-revises-license-review-policy-semiconductors-exported-china
- **Network World** (United States, en) — 
  Source: https://www.networkworld.com/article/4022357/nvidia-to-restart-h20-exports-to-china-unveils-new-export-compliant-gpu.html
- **Reuters** (Global, en) — 
  Source: https://www.reuters.com/technology/
- **Yahoo Finance** (United States, en) — 
  Source: https://finance.yahoo.com/news/us-licenses-nvidia-export-chips-221538864.html
- **Built In** (United States, en) — 
  Source: https://builtin.com/articles/trump-lifts-ai-chip-ban-china-nvidia
- **The Motley Fool** (United States, en) — 
  Source: https://www.fool.com/investing/2026/03/28/nvidia-may-be-back-in-business-in-china-heres-what/
- **Tech News Hub** (United Kingdom, en) — 
  Source: https://www.technewshub.co.uk/post/nvidia-to-resume-h20-chip-sales-in-china-amid-easing-u-s-export-curbs

### US business
- **CNBC** (United States, en) — Huang says Nvidia has received China orders and is 'restarting manufacturing' for H200, the demand signal, set against the still-minimal volume actually approved and shipped.
  > "Jensen Huang says Nvidia has received orders from China and is 'restarting our manufacturing.'"
  Source: https://www.cnbc.com/2026/03/17/nvidia-ceo-jensen-huang-says-chipmaker-has-received-orders-from-china.html

### tech-industry
- **Tom's Hardware** (United States, en) — Details preparations to ship ~82,000 H200 GPUs to China with a 25% US tax on sales, capturing how the revenue-sharing condition blurs the export-control line.
  > "Nvidia prepares ~82,000 H200 GPUs for China; H200 shipments with a 25% tax to begin as restrictions loosen."
  Source: https://www.tomshardware.com/tech-industry/semiconductors/nvidia-prepares-h200-shipments-to-china-as-chip-war-lines-blur

## Across the graph
- Related: [[h200-china-export-standoff]], [[nvidia-q1-fy27-record-data-center]], [[fable5-ai-export-controls]]
- Entities: Nvidia, China, United States, Data Centers

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Canonical: https://rbtfl.xyz/es/n/nvidia-h200-china-restart-2026