Nvidia Is Heading Back to China. Here’s Why It’s Fraught

Nvidia Corp.’s Jensen Huang finally got what he spent months lobbying for when the US government authorized the company to sell its workhorse artificial intelligence chip to China.

The Nvidia chief executive has argued that export controls imposed by Washington to limit Chinese access to his company’s most cutting-edge AI accelerators were depriving American companies of a lucrative and strategic foothold in the world’s biggest chip market. Relaxing the restrictions to allow Nvidia to sell the H200 AI accelerator there has given it a chance to grab a piece of the action and helped to sustain its position as the world’s most valuable company.