{"id":3011,"date":"2026-02-26T09:23:33","date_gmt":"2026-02-26T09:23:33","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/nvidia-still-hasnt-sold-its-u-s-approved-china-ai-chips-and-its-worried-local-ai-rivals-could-take-over\/"},"modified":"2026-02-26T09:23:33","modified_gmt":"2026-02-26T09:23:33","slug":"nvidia-still-hasnt-sold-its-u-s-approved-china-ai-chips-and-its-worried-local-ai-rivals-could-take-over","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/nvidia-still-hasnt-sold-its-u-s-approved-china-ai-chips-and-its-worried-local-ai-rivals-could-take-over\/","title":{"rendered":"Nvidia still hasn&#8217;t sold its U.S.-approved China AI chips \u2014 and it\u2019s worried local AI rivals could take over"},"content":{"rendered":"\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>BEIJING \u2014 U.S. chip giant <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Nvidia<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals.<\/p>\n<p>&#8220;While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any revenue,&#8221; Nvidia&#8217;s CFO Colette M. Kress said on an earnings call Wednesday local time, according to a FactSet transcript. <\/p>\n<p>&#8220;We do not know whether any imports will be allowed into China,&#8221; she said.<\/p>\n<p>China once accounted for\u00a0at least one-fifth of Nvidia&#8217;s data center revenue.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108270210\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108270210\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000404856\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\">Global AI disruption<\/h2>\n<div class=\"group\">\n<p>The semiconductor giant also warned investors about rising competition from the world&#8217;s second-largest economy.<\/p>\n<p>&#8220;Our competitors in China, bolstered by recent IPOs, are making progress and have the potential to disrupt the structure of the global AI industry over the long-term,&#8221; Kress said. <\/p>\n<p>She urged the U.S. to encourage every developer and business, including those in China, to use American technology.<\/p>\n<\/div>\n<div data-test=\"WildCardEmbed\">\n<div class=\"WildcardEmbed-wrapper\">\n<style><![CDATA[\n\tdiv {box-sizing: border-box;}\n\t\n\t.noselect {\n\t  -webkit-touch-callout: none; \/* iOS Safari *\/\n\t\t-webkit-user-select: none; \/* Safari *\/\n\t\t -khtml-user-select: none; \/* Konqueror HTML *\/\n\t\t   -moz-user-select: none; \/* Old versions of Firefox *\/\n\t\t\t-ms-user-select: none; \/* Internet Explorer\/Edge *\/\n\t\t\t\tuser-select: none; \/* Non-prefixed version, currently\n\t\t\t\t\t\t\t\t\t  supported by Chrome, Edge, Opera and Firefox *\/\n\t}\n\t\n\t#tcc-wrapper {width: 100%; max-width: 620px; min-width: 300px; cursor: pointer; display: block;}\n\t\n\t.tcc-widget-content {\n\t\tfont-family: Proxima Nova,Helvetica,Arial,sans-serif;\n\t\tfont-size: 16px;\n\t\tline-height: 24px;\n\t\tfont-weight: 400; \n\t\tcolor: #000;\n\t\tpadding: 16px 0 16px 0;\n\t\twidth: 100%;\n\t\theight: auto;\n\t\tborder-top: 1px solid #cccccc;\n\t\tborder-bottom: 1px solid #cccccc;\n\t}\n\t\n\t.tcc-logo-col {\n\t\tfloat: left;\n   \t\tmargin-right: 20px;\n\t}\n\t\n\t.tcc-text-col {\n\t\t\n\t}\n\t\n\t.tcc-text a {\n\t\tcolor: #0053CF !important;\n\t\ttext-decoration: none;\n\t\tfont-weight: 600; \n\t}\n\t\n\t\n\n]]><\/style>\n<div id=\"tcc-wrapper\">\n<div class=\"tcc-widget-content\">\n<div class=\"tcc-logo-col\">\n\t\t\t<img decoding=\"async\" src=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/styles\/skin\/special-reports\/the-china-connection\/tcc_widget_logo_2026.png\" width=\"278\" height=\"auto\"\/>\n\t\t<\/div>\n<div class=\"tcc-text-col\">\n<div class=\"tcc-text\">Weekly analysis and insights from Asia&#8217;s largest economy in your inbox<br \/>\n\t\t\tSubscribe now<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>A flurry of Chinese AI chipmakers and large language model developers have gone public in Hong Kong and mainland China in the last few months. Expectations that the companies could be alternatives to U.S.-developed AI technology have helped the stocks \u2014 such as <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-9\">MiniMax<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> and Moore Threads \u2014 surge soon after their IPOs, though not all names have seen sustained gains.<\/p>\n<p>OpenAI&#8217;s Sam Altman also described the progress of Chinese tech companies across the entire stack as &#8220;remarkable&#8221; in an interview with CNBC on Feb. 19. He also noted that Chinese tech companies are near the frontier in some areas.<\/p>\n<p>While Chinese AI companies lag the U.S. slightly in capabilities, their products are typically far cheaper than their American rivals.<\/p>\n<p>&#8220;You could see easily a world where maybe most of the world&#8217;s population is running on a Chinese tech stack in five to 10 years&#8217; time,&#8221; Rory Green, TS Lombard&#8217;s chief China economist and head of Asia research, told CNBC&#8217;s &#8220;Squawk Box Europe&#8221; earlier this month.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108267181\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108267181\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000404183\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108267182-17714912371771491235-44105488693-1080pnbcnews.jpg?v=1771491237&amp;w=750&amp;h=422&amp;vtcrop=y\" alt=\"OpenAI CEO Sam Altman: Progress of Chinese tech firms is 'remarkable'\"\/><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING \u2014 U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. &#8220;While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[247,826,2686,2895,615,1074,881,2894,2380],"class_list":["post-3011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-china","tag-chips","tag-hasnt","tag-local","tag-nvidia","tag-rivals","tag-sold","tag-u-s-approved","tag-worried"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=3011"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/3012"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=3011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=3011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=3011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}