China Clears Alibaba, Tencent, ByteDance to Prep Nvidia H200

Chinese regulators recently told top technology firms they can move to the next stage in preparing orders for Nvidia‘s H200 AI chips, according to a Bloomberg report that cited people familiar with the matter. The direction constitutes an in‑principle clearance for procurement preparations inside the country.

The firms named by the report are Alibaba Group Holdings, Tencent Holdings, and ByteDance. Regulators told those companies they could proceed to the next phase of preparing orders for the H200 chips rather than placing final purchase orders immediately.

Market reaction included a near 2% rise in Nvidia shares in Friday pre‑market trading. The move reflected investor attention to developments around supply and approvals for advanced AI hardware.

The Bloomberg account said the information came from people familiar with the situation, indicating the guidance reflects regulatory approval in principle rather than completed transactions. Companies will still need to follow any formal procurement and compliance steps required under Chinese rules.

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