China to Approve Nvidia H200 Buying as Soon as This Quarter (1)

China plans to approve some imports of Nvidia Corp.’s H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access to a critical market.

Chinese officials are preparing to allow local companies to buy the component from Nvidia for select commercial use, said the people, who asked not to be identified because the deliberations are private.

However, the H200 chip will be barred from the military, sensitive government agencies, critical infrastructure and state-owned enterprises due to security concerns, they said. That mirrors similar measures that the Chinese government adopted for foreign ...