Jensen Huang in Shanghai: The Battle for H200

On January 24, 2026, Nvidia CEO Jensen Huang arrived in Shanghai on an unofficial visit. The purpose of the trip is negotiations amidst uncertainty surrounding H200 accelerator supplies. Chinese regulators are delaying import permits in response to US export restrictions.

Huang's visit underscores Nvidia's critical reliance on the Chinese market. Despite the geopolitical storm, the company is trying to find a supply format that satisfies both Washington and Beijing. For China's AI industry, this is a moment of truth: without the H200, local models risk lagging a generation behind Western competitors.

Source: Reuters