Nvidia CEO Jensen Huang will likely join the advisory board of Beijing based Tsinghua University School of Economics and Management (SEM), which is chaired by Apple CEO Tim Cook, the Financial Times reported on Wednesday.
The move comes following Huang’s recent visit to Beijing where he joined US President Donald Trump’s trip to the country for a summit. Jensen’s visit had coincided with a commercial breakthrough as Nvidia’s H20 chip had just been cleared for export to China. However, a few weeks after his visit, China started a probe into H20 and imposed a de facto import ban. Later when the US cleared the more powerful H200, China did not budge.
The H200 situation was already a paradox even before the summit started. Trump had announced in December 2025 that Nvidia could sell H200 chips to China, reversing a posture that the Biden administration had held through April 2025.
A January 13, 2026 Commerce Department rule formalized the licensing framework, allowing case-by-case review of China export applications for Nvidia’s H200, AMD’s MI325X and similar chips. Reuters reported that Trump’s arrangement for H200 sales required the
US government to receive 25% of revenue from the chip sales, structured through a routing requirement because US law does not permit direct export fees.
On May 14, Reuters reported that the US had cleared roughly ten Chinese firms, including Alibaba, Tencent, ByteDance and JD.com, to buy H200 chips. A handful of distributors including Lenovo and Foxconn were also cleared. Each cleared customer was permitted to purchase up to 75,000 chips under the licensing terms. However, not a single chip had been shipped as of May 15th at the summit’s conclusion.
The Chinese firms paused their orders following ‘guidance’ from Beijing. Reuters, citing sources, reported that pressure inside the Chinese government was building to block all purchases, partly over the routing requirement through US territory creating a risk of tampering.
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